To the best of my knowledge, itr need not be filed just because they are a nri and bought property more than 50 Lacs. however you need to disclose it properly in returns applicable since property value more than 50 Lacs and also if nri has taxable income he needs to file itr 2 or whatever applies to them. experts can correct me if there is any error.
Leave a Reply
Your are not logged in . Please login to post replies