Quiz for the week (09 Nov 2026) :
Ms. Leelavathi a non resident owned a piece of land in India which was sold for ₹ 150 lakhs. The resident buyer deducted tax at source out of the consideration.Ms. Leela wants to reinvest in eligible capital asset to avail tax exemption. State whether 'net consideration' after excluding TDS is to be considered for reinvestment.
Share your thoughts on or before 16.11.2026.