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Sale deed of Property
Does seller of property need Sale deed of house for income tax purposes.?
Replies (7)
Yes very much. Seller always keeps one copy.
Yes it is required to substantiate the sale of property and other claims.
Seller of property needs the following
1. sale deed
2. substantiate the sale.
surjeet I do accept your answer.
1. sale deed
2. substantiate the sale.
surjeet I do accept your answer.
Yes of course, to substantiate the computation of capital gains, if any
Seller of property must keep the document Sale deed and Substantiate the sali.
@ Rama
first raises the capital gains..
then tax computation of capital gains.
first raises the capital gains..
then tax computation of capital gains.
A sale deed is a legal document. This document showcases the transfer of title, rights, and ownership of a property from a seller to the buyer. This document contains all the information about the transfer of ownership. In order to prove ownership of the property, legal proof must be provided. This is what a sale deed is in its most basic form.
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