Easy Office
LCI Learning

Selling of house

This query is : Resolved 

17 May 2024 Dear experts

I purchased a house in Feb2016 for Rs 70 lacs which I want to sell now in 2024.... During purchase I deposited valid TCS of buyer to the INCOME TAX department....

My question is will I receive any notice from Income tax as I did not show that house while filing ITR in AS 2016-17

17 May 2024 No notice will be issued in case of self occupied house and you have right sources of income to buy the house.

17 May 2024 Thanks sir for the speedy response ... I have only one house in my name

17 May 2024 You are welcome

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link

Similar Resolved Queries


Unanswered Queries