New income tax rules from 2016 in india

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vasu123
Posts: 234
Joined: Thu Jul 23, 2015 6:34 pm

New income tax rules from 2016 in india

Post by vasu123 »

okonomi
Posts: 4381
Joined: Mon Nov 22, 2010 7:18 pm

New income tax rules from 2016 in india

Post by okonomi »

vasu123;62252610 key change from this year
source: http://profit.ndtv.com/news/your-money/article-new-income-tax-reporting-norms-to-apply-from-april-1-10-facts-1262769
sorry for external link

I saw that first rule [QUOTE]1) According to the new norms, the property registrar will have to report to income tax authorities any sale or purchase of any immovable property of value exceeding Rs 30 lakh.and immediately suspected some forum member telling the India Income Tax people about your plan to buy flat for 30 to 40 lakhs.
This is the reason I tell people here to keep their business private.

:) you do worry a lot, don't you ?
vasu123
Posts: 234
Joined: Thu Jul 23, 2015 6:34 pm

New income tax rules from 2016 in india

Post by vasu123 »

okonomi;622529:) you do worry a lot, don't you ?


No. i just want to let other members in this forum know about it. this will help if someone don't know about it.
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