Hello,
- I have already invested 1.5 lakh for 80C and then paid Stamp duty and Registration fee for property purchase. Can I show Stamp Duty and Registration fee as part of 80C of next financial year? (I am a salaried person).
- In ITR1 how to declare a property purchase? Is there any specific place in it to enter date of purchase and property value to declare?
1 Answers
Hi,
1 - No.
2 - Kindly note that it is not required to declare the purchases. If the property purchase is a high value transaction then the Sub-registrar office will automatically report it to the IT dept.
Read : How does the IT dept tracks High Value Financial Transactions?
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