TDS on Real Estate Brokerage: What Sellers and Brokers Must Know Before Payment
Understand TDS on real estate brokerage under Section 194H. Learn when sellers must deduct TDS, applicable rates, compliance steps, and penalties for non-deduction.
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Understand TDS on real estate brokerage under Section 194H. Learn when sellers must deduct TDS, applicable rates, compliance steps, and penalties for non-deduction.
Delhi High Court ruled that employees cannot be denied TDS credit if the employer failed to deposit tax, holding recovery must be from the employer, not salaried workers.
Budget 2025–26 doubles interest income TDS limit for senior citizens, raises rent TDS threshold to ₹6 lakh, and simplifies TDS rates nationwide.
ITAT Ahmedabad grants relief to NRI in ₹66.95 lakh property case, holding TDS payment valid despite no ITR filing and restoring matter for fresh adjudication.
Delhi ITAT rules TDS credit cannot be denied merely because income is taxed in another entity’s hands. Section 199 & Rule 37BA must prevent double taxation.