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Investing in property? Documentation, correct PAN, source of funds — How to ensure you avoid any tax notice for property

Investing in property? Documentation, correct PAN, source of funds — How to ensure you avoid any tax notice for property

Legal experts confirm that income-tax laws set no numerical limit on properties a person can own under one PAN. However, buyers should retain proof of funds, sale deed, payment evidence and transaction records to avoid any tax notice for property.

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