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Are you planning to sell a property or have already sold one recently? 🏠 Before you transfer that property, watch this video carefully — it could save you from Income Tax notices, penalties, and sleepless nights! If you need any clarification/opinion viewers may WhatsApp 7012243098 If you would like to contact CA Subin VR directly you can book a time slot by messaging to above number. Or can send message to the below direct link https://wa.me/917012243098 In this detailed video, CA Subin V R explains how the Income Tax Department tracks every property sale through PAN, TDS, and AIR (Annual Information Return) reporting systems. We’ll cover: TDS on Property Sale – Section 194IA • When is TDS at 1% applicable • What if property value is below 50 lakh • How to file Form 26QB and issue Form 16B • Common mistakes that lead to tax mismatch and notices Capital Gains and Tax Calculation • Short-term vs Long-term capital gains • Cost Inflation Index (CII) • How to save tax using Section 54, 54EC, and 54F exemptions Notices under Section 148 (Re-assessment) • Why you may get a notice even if you did not file your return • How the department detects unreported property sales • Step-by-step action plan if you get a notice Section 285BA Reporting and AIR Transactions • What are high-value transactions reported to the Income Tax Department • How property sale data reaches the IT system through Registrar, TDS, and Banks • How to verify your reported transactions in the AIS and Form 26AS How to Avoid Income Tax Notices • File your return correctly even if there is no capital gain • Report the sale and reinvestment clearly • Pay TDS correctly and reconcile PAN details • Do not ignore AIS alerts or IT e-campaign messages Penalty and Fine Alerts Late filing or non-filing can attract penalty up to Rs.10,000 under Section 272A Concealment or misreporting can lead to penalties up to 200 percent of tax Non-filing of Form 26QB or mismatch in TDS can cause interest and prosecution risk Bonus Tip: Check your AIS (Annual Information Statement) in the Income Tax Portal to confirm whether your property transaction is already reported. Viewers may also check for other articles and similar contents at the below links. / krishnanisation https://www.instagram.com/subins_clic... https://www.facebook.com/CA.Subin.VR/... Property sale income tax notice, TDS under section 194IA, Section 148 notice, income tax reassessment, Section 285BA reporting, Form 26QB, capital gains tax on property sale, property TDS filing, income tax penalty, how to avoid tax notice, AIS income tax, capital gain exemption, CA Subin VR Disclaimer: This video is intended for education purpose only and not for the purpose of soliciting business. The viewers shall take professional advice before taking any decisions on the matters specified in the video. The matters discussed in the video may subject to change due to amendments in various Acts/Rules etc. This channel will not responsible for any damages caused to the viewers. for the detailed information on disclaimer please visit the link below. https://www.termsfeed.com/live/0f12f3...