about house property


This query is : Resolved 

24 May 2011 i want to know that if any person has property which is not shown but after few period he want to show their property for tax purpose in that case what will he do ? pls reply

U S Sharma (Expert)
24 May 2011 Get in touch with any good CA of your area, he will help you with records available with you,

avoid such queries in public forum.

24 May 2011 Is deduction CCF U/S 80 has limit of 20000/- is allowed only ?

24 May 2011 I want to Know that, Is it possible to show 2no. property?

24 May 2011 Is U/s 54 is helpful in taking in property

U S Sharma (Expert)
24 May 2011 80CCF limit is 20000

for property, one has to check the income returns and balance sheets of relevent years in which the property was taken/brought, then only they can comment on such issues.


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