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 Threads
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
Related Threads
CAclubindia
