Income Tax Returns (ITRs)
Total 7 ITRs are notified by the Income Tax Department, which are applicable for different assessee and for their specified income.
One has to identify, which ITR form is suitable for filing his/her Income Tax Return. ITR may be different...
Saturday, July 25, 2020
Saturday, July 18, 2020
House purchaser: Do not forget to file Form 26QB
House purchaser: Do not forget to file Form 26QB
This article is for who purchase any property* (immovable viz, House) for more than or equal to Rs. 50 lakh.
Suppose,
-Mr A purchase a house (or any other immovable property) from Mr. B,
-Sale price is fixed as Rs. 50 Lakh (or more than 50 Lakh, say Rs. 2.50 crore),
-Mr. A will make the payment of Rs. 50 Lakh (or more than Rs....