Hello,
We are NRI and my wife had purchased a property last year in June 2017 under her name and we had paid full purchase amount including GST and any other taxes etc. When I file her return for A.Y.2018-2019 how do I show it. Property value is Rs 1.5 cr.
Please advice as return filing deadline is approaching closer. Thanks much.
Regards,
Saurabh
You have not mentioned about income of your wife.
In case her income is more than Rs. 50 lakhs, she need to declare all her assets and liabilities in ITR, otherwise no details are required to be furnished in ITR.
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