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Income tax on property buying: Over ₹30 lakh deal? Experts suggest what to report in realty purchases to avoid taxmen

Income tax on property buying: Over ₹30 lakh deal? Experts suggest what to report in realty purchases to avoid taxmen

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Experts say there is no limit on properties held under one PAN, provided transactions are genuine and funds are explainable. They recommend keeping sale deeds, payment and funding evidence, bank statements, loan documents, and other ownership records.

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