Annual information return

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Need clarification on the following matter:

In case an assessee has purchased a property worth Rs. 60 lacs during FY 2011-12 then who is obliged to file annual information returns in respect of the said transaction?

1. Assessee OR

2. Registrar / Subregistrar where the property is registered

Replies (2)

2. Registrar / Subregistrar where the property is registered

Registrar or sub-registrar is responsible to do the same and not assessee

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