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how to reflect purchase of property in ITR
How can i reflect purchase of property in itr costing Rs less than 30 lacs. And it is mandatory to show in itr or not.
Replies (1)
Not possible to declare in any ITR 1, 2, 4........ (unless in Schedule AL, if applicable)
Only possibility arises in ITR3 . provided the BS is drawn with personal assets.
But as such purchase of any property/assest need not be declared in ITR.
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