Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Regarding TDS u/s 194IA on share of each partner/owner of a joint property, where assessee purchased land along with his brother, it was held that considering section 194-IA and case precedent, since assessee was responsible for paying consideration only for his share and paid accordingly, there was no requirement to deduct tax at source. Hence, demand u/s 201(1) and 201(IA) was set aside, and assessee's appeal was allowed.
Regarding TDS u/s 194IA on share of each partner/owner of a joint property, where assessee purchased land along with his brother, it was held that considering section 194-IA and case precedent, since assessee was responsible for paying consideration only for his share and paid accordingly, there was no requirement to deduct tax at source. Hence, demand u/s 201(1) and 201(IA) was set aside, and assessee's appeal was allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
