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Purchase property how much tax

Others 165 views 2 replies
dear sir
one of my Clint purchase one land. cost 50 lakhs now he pay all the money threw bank account and that money he arranged some unsecured loans from people
any income tax notice will be receiving in future
Replies (2)

Buying a property using borrowed money alone cannot lead to issue of notice by income tax dept.

Thank you madam


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