Tuesday, October 1, 2019

Sale Consideration of Property under Joint Ownership to be distributed equally for Exemption Limit of TDS: ITAT [Read Order]

The Jodhpur Bench of the Income Tax Appellate Tribunal in the case of M/s Oxcia Enterprises Pvt. Ltd. v. DCIT held that since in the case of joint owners, the sale consideration was to be distributed equally, the individual amounts fell below the limit laying TDS. The assessee company purchased the residential property which was […]

The post Sale Consideration of Property under Joint Ownership to be distributed equally for Exemption Limit of TDS: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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