Legal Question in Real Estate Law in India
What 2 do?I
Is it sufficient that I have shown a property as my own in my income tax returns , as a proof of my ownership over the property 4 twenty years? In a civil suit 4 ownership, I am UNABLE to prove as to from which source of my income a purchased the property. The provisions of Benami act r NOT applicble in the facts & circumstances of my case.
Asked on 3/28/08, 7:21 am
4 Answers from Attorneys
Re: What 2 do?I
Benamitransaction Act is not applicable in your case.
Answered on 3/28/08, 2:24 pm
Re: What 2 do?I
Benamitransaction Act is not applicable in your case.
Answered on 3/28/08, 2:24 pm
Re: What 2 do?I
Benamitransaction Act is not applicable in your case.
Answered on 3/28/08, 2:24 pm
Shrichand Nahar
S.V.Nahar, Advocate
Re: What 2 do?I
Ownership of property can be proved by title deed and not be showing it in your accounts or returns.
Answered on 3/29/08, 12:33 am
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Ownership. Since long I have shown a property as my own in my income- tax... Asked 3/28/08, 5:38 am in India Real Estate and Real Property
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