1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellers – Times of India

Mumbai: In case of purchase of immovable property (other than agricultural land) from a resident seller, of over Rs. 50 lakh, a TDS of 1% will apply, even if there…

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ITR filing FY 2023-24: What is the penalty for late filing of income tax return? Check penalties for misreporting tax & other mistakes – Times of India

Income Tax Return(ITR) Filing FY 2023-24: As the deadline for filing income tax return for the assessment year 2024-25 approaches, it is imperative that you file your tax return on…

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PAN-Aadhaar linking: Income Tax Department has important update – link your PAN with Aadhaar card by May 31, 2024 to avoid higher TDS – Times of India

PAN-Aadhaar linking : The Income Tax Department has advised taxpayers to connect their PAN with Aadhaar card by May 31, 2024, to prevent higher tax deductions at source (TDS) or…

Continue ReadingPAN-Aadhaar linking: Income Tax Department has important update – link your PAN with Aadhaar card by May 31, 2024 to avoid higher TDS – Times of India