#section 90

[taxgurusandeep]

TDS on sale of Immovable Property by Non-resident

TDS on sale of Immovable Property by Non-resident

CA Pratik Anand

Recently I was asked a question by someone that at what rate tds is to be deducted at the time of purchasing a property in India from a non-resident.

The answer to the question lies in the simple reading of the Income Tax Act’1961.

Let us examine the relevant Sections of the Income Tax Act’1961. (more…)

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[taxgurusandeep]

Tribunal can allow credit u/s. 90 which was inadvertently mentioned as 'Advance tax'

It is observed that the claim of the assessee about wrong classification of double taxation credit was rejected by the AO because the assessee did not file a revised return. This view was canvassed by the AO on the basis of the afore-referred judgment in…

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