ITAT Mumbai ruled that relief under the first proviso to Section 201(1) is available if Form 26A certifying the deductee’s tax payment is furnished. As the buyer obtained the certificate post-appeal, ...
When NRIs invest in real estate, their tax obligations are largely similar to resident buyers, but with added compliance requirements under the IT Act and FEMA | Real Estate News ...
Buying property from an NRI involves additional tax compliance beyond the usual documentation and payment process. Today's Ask Wallet Wise query decodes one of the most common areas of confusion for ...
A Section 1031 like-kind exchange is an Internal Revenue Code provision that allows a person to not pay tax on a gain when selling real property to reinvest in real property of equal or greater value.
A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS under the father's name, leading to a notice. The Income Tax Appellate ...
The ITAT restored an NRI's tax appeal, accepting the argument that non-compliance before the lower authorities was not deliberate, as the taxpayer was abroad and faced difficulties accessing records ...
Citizenship by donation lets you get a second passport through a one-time payment to a government-approved fund. It’s popular among Caribbean nations like St. Lucia, Grenada, and more. Countries offer ...
As previously announced, Array will hold a teleconference on November 7, 2025, at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.arrayinc.com.
A federal jury in New York says France's largest bank must pay $21 million for giving the Sudanese government access to the U.S. financial system during a time when the government was engaged ...
NASHVILLE, Tenn. (WTVF) — When Gary Hoffman opened a letter from the Property Assessor’s Office, he learned his home value ...
Texas Gov. Greg Abbott is tackling one of the most complicated issues in government: How to provide property tax relief and still provide services to Texas residents.