A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS under the father's name, leading to a notice. The Income Tax Appellate ...
When taxpayers receive such a tax demand, they can counter it by filing a rectification request on the IT portal. (Image: Pixabay) Tech professional Samir (name changed) was shocked to receive a tax ...
Relief was shortlived for Indian crypto exchanges as the Income Tax portal has updated its document on Tax Deduction as Source (TDS), restoring the TDS on Virtual Digital Assets (VDAs) at 1 percent.
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