Hello
My query is related with
We are three brothers and purchasing a property jointly in the name of our wifes .
So is there any consequences related to income tax notice has to be faced by us.
please reply
thanks
Menu
Purchase of property by joint owners
Replies (2)
As per Your query,
No issues. You can purchase...
No issues. You can purchase...
Normally, it is found that if respective wife's are not filing ITR/ filing nominal income ITR, the case is selected for scrutiny. Not that you cannot deal with it, but just a heads up.
Rgds
CA. Raj Doshi
R C D & Co.
Chartered Accountants
Kandivali West,Mumbai
Rgds
CA. Raj Doshi
R C D & Co.
Chartered Accountants
Kandivali West,Mumbai
Recent Topic
- Forward tax charge gst related
- SBI direct mutual funds ITR
- 44AE Section
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
Related Topics
CAclubindia
