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Supreme Court Rejects Plea For Safeguards Against Inadvertent TDS Default By Buyers In Property Purchases Above Rs. 50 Lakh
Amisha Shrivastava
11 Feb 2026 12:34 PM IST
The Supreme Court today dismissed a plea seeking directions to introduce safeguards so that property buyers do not unknowingly default on their obligation to deduct and deposit tax at source while purchasing property valued at more than Rs. 50 lakhs.A bench of Justice Vikram Nath and Justice Sandeep Mehta heard the matter.Section 194IA of the Income Tax Act, 1961 requires a buyer of...
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Amisha Shrivastava
Amisha Shrivastava is a Correspondent with LiveLaw, covering the Supreme Court of India
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