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
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Purchase of property by joint owners
Replies (2)
Quick Summary
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
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