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Legal● Neutral for Indian equities
Senior citizen wrongly paid tax on tax-free bonds: What the ₹9.91 lakh ITAT case means
The brief
- A senior citizen received ITAT relief after mistakenly paying ₹9.91 lakh tax on tax-free bond interest
- Tax relief on tax-free bond interest may benefit Indian investors holding eligible bonds
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- PAN-based TDS reporting eases compliance for NRI property purchases from October 1
- Buyers of property from non-residents can use PAN and Form 141 for TDS