| Question And Answer | |
|---|---|
| Subject: | Interiors and furniture sale along with house |
| Category: | Income-Tax |
| Querist: | Dev |
| Answered by: | Law Intern |
| Tags: | Capital Gains |
| Date: | June 30, 2025 |
I am selling my house. If I make a separate agreement with buyer and show that interior and furniture cost is around 8-10 lakhs, whether I need to show bills if IT dept sends notice? Whether I need to mention all items and their cost or i can just mention Interiors and no mention of cost in Sale agreement?
We can’t overrule the Department asking for proof that the interiors are worth the sum allocated to it in the agreement. If possible, mention all items or at least the major items which cost more than ₹50000.
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