Father gets IT notice for selling ancestral land jointly with son - how he won case

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 Tribunal (ITAT) Pune ultimately ruled in the father's favor, stating the revenue cannot be unjustly enriched by the deductor's error.

from Times of India https://ift.tt/wgi9UV6

Pabitra Banerjee

Full-Stack Web Developer & AI-ML Enthusiast With Some Knowledge Of Block-Chain Technology. I'm A Very Ordinary Man With A Great Interest & Love To Advance Technology , And Knows To Speak With The Dumb Computers Very Well.

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