I have bought a property, but my AIS shows the following row, "Sale of immovable property" instead of "Purchase of immovable property". It is reported by sub registrar. Is this correct ?
If not, how can we rectify this? as in the feedback options there is not any way to convert this sale transaction into purchase.
No need to rectify it. It is OK...
SFT- 012: |
Purchase or sale of immovable property |
It sounds like a frustrating situation! You must ensure that your AIS accurately reflects the transaction. I would suggest contacting the sub registrar personally to get to the bottom of this, as it's probably their fault. For them to fix it, you may have to provide them proof of purchase. Further guidance on the optimal course of action may be forthcoming from a consultation with a tax expert or legal counsel. Good luck, and I hope it gets resolved soon!
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