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Purchase of flate in cash

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(Querist)
21 January 2017 Hi,

My question is I have purchased the house on full payment of cash and i do not file in IT return. So I wnat to know that Return file is mandatory and how to show house in my books
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Kaushik Joshi

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Kaushik Joshi (Expert)
21 January 2017 filing of return is compulsory if you've income more than exemption limit. which form to fill will depend upon the nature of income source
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pooja Garg

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pooja Garg (Querist)
21 January 2017 Thanks for good relpy
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Kaushik Joshi

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Kaushik Joshi (Expert)
21 January 2017 please click on like button next to my name if you're satisfied with the answer.
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