Property buyers beware: ITAT verdict highlights pitfalls of TDS & more related News Here
A judgment by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has underlined the importance of understanding tax deducted at source (TDS) obligations while purchasing property.The case involved a Mumbai resident who had jointly purchased a residential flat worth Rs 1.9 crore in the tony area of Haji Ali with her husband. He…