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High value transaction in AIS

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25 December 2023 Sir my client is a doctor with professional income around 36 lakhs. So he is filing ITR-4 under section 44ADA. during assessment year 2023-24 he purchased a flat worth 1.4 crores. Does he have to show or declare it in ITR-4 if so where? please clarify and guide us. Regards

26 December 2023 Claim TDS on purchase of house in the ITR.
Show the house as self occupied or rented as the case may be. Claim interest and repayment deduction in case of bank loan availed.

No need to disclose house purchase details.



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