26 Nov
2011
26 Nov
'11
1:59 p.m.
On Sat, Nov 26, 2011 at 5:08 PM, jtd@mtnl.net.in wrote:
Land registration is a state subject. IT is a central subject. Why?
That does not matter. All property transactions over 30 lakh have to be reported by registrar to IT.
This is part of "Annual Information Return" and these transactions are part of "High Value Transactions" that have to be reported to IT.