Income tax clearance for sale of property


This query is : Resolved 

02 March 2012 can anyone briefly explain about the income tax clearance in property sale. the limits, to be obtained by whom etc....

02 March 2012 Income tax clearance for selling property is not in statute now.

02 March 2012 @Christy Not heard about this term...

03 March 2012 There was a section 230A in the income tax Act,1961 regarding IT clearance certificate for transfer of immovable properties which was omitted by the Finance Act,2001 w.e.f 1/6/2001.


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