How to allocate joint property share in the file and Income tax ?
Suppose A, B, C purchased a property valuing Rs. 100. A pays Rs. 50, B pays Rs. 30 and C pays Rs. 20.
How to allocate as per IT act
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Property allocation
Replies (1)
The share in property will be as under :-
A - 50%
B - 30%
C - 20%
A - 50%
B - 30%
C - 20%
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