TDS Default on Payment for Property Purchase: ITAT deletes Order since NRI Seller Already Offered Capital Gain for Tax [Read Order]

TDS - Payment - Property Purchase - ITAT - NRI Seller - Capital Gain - Tax - taxscan

The Vishakhapatnam bench of the Income Tax Appellate Tribunal (ITAT), has quashed an order for non-deduction of TDS while making payment towards the purchase of a property, under section 201(3) of the Income Tax Act, 1962 by considering that the NRI seller has already offered the amount of capital gain received. The assessee, Mr. Adabala…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader