Father gets IT notice for selling ancestral land jointly with son - how he won case
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 Tribunal (ITAT) Pune ultimately ruled in the father's favor, stating the revenue cannot be unjustly enriched by the deductor's error.
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 Tribunal (ITAT) Pune ultimately ruled in the father's favor, stating the revenue cannot be unjustly enriched by the deductor's error.
