Purchase of immovable property without pan

This query is : Resolved 

27 November 2012 What are the consequenses if Immovable Property for Rs. 9.5 Lacs is purchased without Pan ?
How Can Department Find Such Transaction ?

27 November 2012 The transactions of above Rs.30.00 lakhs will be given by the Registrar.But for the transactions below Rs.30.00 lakhs, the Department may pick some transactions randomly.No particular method is prescribed.It may come in random selection or else not.



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