In the AIS, instead of showing as Purchase for a property transaction, it is showing as Sale of property. The purchase was done in last financial year and I need to file the ITR. What should be done in this case?
I'm confused between the two options in the feedback dropdown. 1. "Transfer not in the nature of sale" 2. Information is not fully correct
Which one should I select.
If I select Option 2 then I'm able to correct the information like Transaction amount and party count. But In the Transaction type dropdown, there isn't an option for purchase.
The Transaction type dropdown shows the following options while giving feedback after selecting "Information is not fully correct". Which one to be selected. 1. XX - Not Categorized 2. Extinguishment of any right in the asset 3. ZZ- Others 4. Relinquishment 5. Transfer as per the section 53A of the Transfer property Act, 1882 (4 of 1882)
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