Registry alert! Income Tax trouble may hit you soon if you've paid over Rs 20k in cash for property purchase in Delhi
You may soon receive a notice from the Income Tax Department if you have made a cash transaction of Rs 20,000 and above while dealing in property in Delhi.
The I-T Department's Delhi division is all set to start a drive against property purchases where cash transaction crosses the limit of Rs 20,000. Image source: facebook.com/Incometaxindia