NRI Property Sale: Decoding Capital Gains, TDS Obligations under IT Act, and Repatriation Compliance under FEMA
The sale of immovable property in India by a Non-Resident Indian (NRI) triggers a cascade of tax and regulatory compliance requirements,...
![TATA Communications Failed to Prove Fulfillment of Conditions for Not Being Treated as Default Taxpayer u/s 201: ITAT Remands Matter [Read Order]](https://images.taxscan.in/h-upload/2025/11/03/2101963-tata-communications-prove-fulfillment-taxpayer-itat-taxscan.webp "TATA Communications Failed to Prove Fulfillment of Conditions for Not Being Treated as Default Taxpayer u/s 201: ITAT Remands Matter [Read Order]")
![[BREAKING] CBDT reduced Time Limit for Filing TDS and TCS Correction Statements to 2 Years](https://images.taxscan.in/h-upload/2025/11/03/2101906-cbdt-reduced-time-limit-filing-tds-and-tcs-correction-taxscan.webp "[BREAKING] CBDT reduced Time Limit for Filing TDS and TCS Correction Statements to 2 Years")
![Disallowance of ₹22.18Cr Manpower Service Payment: ITAT Deletes Addition made on Shapoorji Pallonji and Company on Genuine Payments with TDS [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/2094332-disallowance-manpower-service-manpower-service-payment-taxscan.webp "Disallowance of ₹22.18Cr Manpower Service Payment: ITAT Deletes Addition made on Shapoorji Pallonji and Company on Genuine Payments with TDS [Read Order]")
![EDC Charges Paid to Haryana Development Board Not Rent: Delhi HC Holds Real Estate Developer Not Liable to Deduct TDS [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091213-tds-real-estate-taxscan.webp "EDC Charges Paid to Haryana Development Board Not Rent: Delhi HC Holds Real Estate Developer Not Liable to Deduct TDS [Read Order]")
Delhi HC sets aside Compounding Order passed u/s 279(2) of Income Tax Act Charging 5% as Earlier offence was not Compounded [Read Order]
The Delhi High Court in its recent case set aside the compounding order passed under section 279(2) of the Income tax 5%, as the earlier offense was not compounded. It was viewed that since the...
![Delhi HC sets aside Compounding Order passed u/s 279(2) of Income Tax Act Charging 5% as Earlier offence was not Compounded [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2089945-2062757-income-tax-act-1-1.webp "Delhi HC sets aside Compounding Order passed u/s 279(2) of Income Tax Act Charging 5% as Earlier offence was not Compounded [Read Order]")
Dept. Treated Exempt Road and Irrigation Work Services as Taxable Manpower Supply: Gauhati HC dismisses Writ to Determine Facts [Read Order]
The Gauhati High Court recently dismissed a writ petition that challenged a demand order that had classified numerous contractual services which were liable to and exempt from service tax under the...
![Dept. Treated Exempt Road and Irrigation Work Services as Taxable Manpower Supply: Gauhati HC dismisses Writ to Determine Facts [Read Order]](https://images.taxscan.in/h-upload/2025/09/19/2088618-road-and-irrigation-work-services-manpower-supply-taxscan.webp "Dept. Treated Exempt Road and Irrigation Work Services as Taxable Manpower Supply: Gauhati HC dismisses Writ to Determine Facts [Read Order]")
Deadline Extension with 2.5 Hours TDS for Maintenance by IT Dept! Taxpayers and Professionals still Furious
The Central Board of Direct Taxes (CBDT) has once again extended the due date for filing Income Tax Returns (ITRs) for AY 2025-26—this time from 15th September 2025 to 16th September 2025. ...
TDS on Loan Acquisition Payments : ITAT Rules Payments to Piramal Enterprises Not Treated as Interest [Read order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that payments made to Piramal Enterprises Limited for acquiring loans, including NCDs, ICDs, and term loans, were part of the...
![TDS on Loan Acquisition Payments : ITAT Rules Payments to Piramal Enterprises Not Treated as Interest [Read order]](https://images.taxscan.in/h-upload/2025/09/04/2083944-itat-itat-mumbai-income-tax-piramal-enterprises-modvat-credit-recomputation-modvat-taxscan.webp "TDS on Loan Acquisition Payments : ITAT Rules Payments to Piramal Enterprises Not Treated as Interest [Read order]")
₹26 Lakh Shortfall in Permitted TDS: ITAT Directs AO to Allow Full Claim to Schindler India after Verifying Form 26AS [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench recently directed an Assessing Officer (AO) to allow elevator and escalator manufacturing giant Schindler India Private Limited (Schindler) to...
![₹26 Lakh Shortfall in Permitted TDS: ITAT Directs AO to Allow Full Claim to Schindler India after Verifying Form 26AS [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/2080577-schindler-india.webp "₹26 Lakh Shortfall in Permitted TDS: ITAT Directs AO to Allow Full Claim to Schindler India after Verifying Form 26AS [Read Order]")
Relief for PNB: ITAT Deletes TDS Demand for AY 2016-17 After Accepting Complete Forms 15G/15H [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the appeal by Punjab National Bank and deleted the Tax Deducted at Source (TDS) demand of Rs. 7,48,060 for Assessment Year (AY)...
![Relief for PNB: ITAT Deletes TDS Demand for AY 2016-17 After Accepting Complete Forms 15G/15H [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/2076389-forms-pnb-itat-taxscan.webp "Relief for PNB: ITAT Deletes TDS Demand for AY 2016-17 After Accepting Complete Forms 15G/15H [Read Order]")
