Sale of agriculture land

589 views 33 replies

we are planning to make as gift deed and alter to invest on land

I had taken Loan from LIC HFL for Plot purchase as House Laon, and Registration done at April 2018.
Can I claim it?
as a house Loan or Registration fees.
ok thanks.
you can claim it in AY 2019-20

sir i am planning to go in gift deed and i individually file itr from  my end  is my choice right or not dont know 

you can file ITR
date of registration will be considered to determine a particular transaction as transfer. date of receipt of sale consideration is immaterial. since your father has not filed ITR for a. y. 2017-18, PLS expect 148 notice from department sooner or later

sir gift deed is enough   or else i should make it as affidavit gift deed for taking money through rtgs 

gift deed is enough. get it notarized and well.

hi sir ,sir gift deed of chq  making registered notary is it usefull or normal affitetative is ok 

registered with notary is anytime always. reliable evidence

sir if my father gifted amount to my mother the fd interest earned by mother who as to show in itr weather mother or father as to file 

it shud be clubbed in the hands of father and taxed accordingly in father's assessment

sir were can i check weather i need to pay tax or not in itr .since again my father as received a msg stating to file 

Giridhar S Karandikar

nice explanation 

in your return at the end you will see one box ad tax payable tax refundable.there you can get the amount of what needs to be paid


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register