Allotment letter for a flat was issued by State Housing Board in favour of Wife & Husband as joint owners. Entire payment due for the flat was made by Husband out of his retirement benefits & salary savings.
1% TDS u/s 194IA was deducted by both husband for 50% & wife for 50% of flat price which are appearing in respective AIS/TDS/26AS.
Applicable Rental income for the flat for FY 2023-24 was declared in ITR-2 by Husband & wife each 50% as Co-owners.
Any other compliance reg. Flat purchase is to be done in Compliance Portal reg. Purchase of Immovable property by Husband & wife?
Santhanakrishnan
Menu
Purchase of Immovable property Compliance
Replies (5)
File returns and registration of property
No more formalities to be completed. Fully complied.
Return filed & Registration is pending.
Complete registration
Thank you very much Sabyasachi Mukherjee ji & Dhirajlal Rambhia ji.
Recent Topic
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
Related Topics
CAclubindia
