Income tax clearance for sale of property
This query is : Resolved
Christy Abraham
(Querist)
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.
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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