https://www.taxtmi.com/caselaws?id=755353 The ITAT Jodhpur allowed the assessee's appeal regarding TDS under section 194IA on joint property purchase. The assessee bought land with his brother and paid Rs 31,50,000 for his 1/4th share. Following the precedent in Dalpat Singh Nanecha vs. ITO, the tribunal held that since the assessee was responsible only for consideration of his specific share in the immovable property, no TDS deduction was required under section 194IA. The demand under sections 201(1) and 201(IA) was set aside, and the assessee was not held in default for non-deduction of tax. en-us Tue, 23 Jan 2024 00:00:00 +0530 Thu, 11 Jul 2024 08:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755353 The ITAT Jodhpur allowed the assessee's appeal regarding TDS under section 194IA on joint property purchase. The assessee bought land with his brother and paid Rs 31,50,000 for his 1/4th share. Following the precedent in Dalpat Singh Nanecha vs. ITO, the tribunal held that since the assessee was responsible only for consideration of his specific share in the immovable property, no TDS deduction was required under section 194IA. The demand under sections 201(1) and 201(IA) was set aside, and the assessee was not held in default for non-deduction of tax. Case-Laws Income Tax Tue, 23 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755353