Monday, November 10, 2025

Buying land? Why your dream plot could turn into a tax nightmare and how to avoid it

Many people are receiving unexpected income tax notices questioning how they funded their land purchases. As the tax department has access to data related to property registrations, a simple mismatch between your purchase price and declared income can trigger investigations. Here's what's happening and how to save yourself from penalties.

from Tax-Wealth-Economic Times https://ift.tt/hkGbHaw

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