Income tax department detects TDS violations in Patna real estate projects
The Income Tax Department detected alleged TDS violations during a survey at two real estate firms in Patna, revealing a potential tax discrepancy of ₹40-50 lakh. The investigation focused on an under-construction project at Saguna Mor, where the firms reportedly failed to comply with TDS regulations on various transactions. Ongoing assessments may lead to further tax liabilities as officials continue to scrutinize financial records.