TDS error: Father gets income tax notice after selling ancestral land jointly with son – how he won the case in Income Tax Appellate Tribunal

The property purchaser mistakenly applied the entire TDS under the father’s name, rather than splitting it proportionally between the father and his son. (AI image) Selling joint property? Be careful of the tax implications, TDS deductions, and how it needs to show up in your income tax returns. Each beneficiary has to keep an eye […]