Home |Tax returns filing | I am resident and have sold land and building situated outside India. Whether I need to report the details of property and identity of buyer in Schedule CG?

I am resident and have sold land and building situated outside India. Whether I need to report the details of property and identity of buyer in Schedule CG?

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Ruksana Ruksana
Answered on February 10,2020

The details of property and name of buyer should invariably be mentioned. However, quoting of PAN of buyer is mandatory only if tax is deducted under section 194-IA or is mentioned in the documents.

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