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The TDS tangle for which homebuyers are getting tax notices

According to income tax rules, the home buyer is required to deduct 1 percent TDS if the sale consideration is Rs 50 lakh or more. The TDS rate is 20 percent in the absence of a PAN, or if the PAN is deemed inoperative. ....

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From Aadhaar-PAN link to SBI Amrit Kalash FD: Ensure completion of 6 vital money-related tasks to avoid loss

Don t miss out on these six crucial money tasks in June to avoid potential losses.
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Attention! PAN to become inoperative after March 2023 if not linked to Aadhaar

Taxpayers who link their PAN with biometric Aadhaar by June 30, 2022, would be required to pay a late fee of Rs 500. Beyond that, the penalty would rise to Rs 1,000. ....

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