Some 18 months back I purchased a flat for 1Cr. I had deducted TDS and filed the 26QB for the same as well (meaning it should be linked to my PAN I assume). A few days back I received a notice from the IT department based on the AIR they received from the Sub-Registrar, saying the property purchase is a non-linked transaction and asking me to link it online.
My questions are:
- As a salaried employee using ITR-2 to file my return where should I have declared this purchase transaction in my return to have avoided this notice. This will be usetul to keep in mind for future transactions
- While doing the online linkage as the notice suggests, should I keep anything else in mind regarding disclosure?
Regards.
CAclubindia
