Air information in itr
This query is : Open
23 May 2013
I. Tax Return (ITR) require assessees to give information about certain transactions entered into during the previous year, which are reportable in the AIR u/s.285BA.
My query is, if an individual and his spouse jointly purchase an immovable property (say) for Rs. 40 lacs and the share of each is 50% i.e. Rs. 20 lacs each.
My query is whether this information is required to be given in ITR by both individually?
My query is, if an individual and his spouse jointly purchase an immovable property (say) for Rs. 40 lacs and the share of each is 50% i.e. Rs. 20 lacs each.
My query is whether this information is required to be given in ITR by both individually?
23 May 2013
ITR for assessment year 2013-14 do not carry the Annual Information Return (AIR) blocks.
Guest
Guest
(Expert)
24 May 2013
The limits of AIR is applicable on individual basis
24 May 2013
Since the ITR for AY 2013-14 does not have (AIR) blocks, then in what way the assessee should intimate the dept. about the said information
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