RERA Impact: Now, property dealers have to submit ITR of last 3 years to state authority
Now, property dealers will have to compulsorily submit income tax return (ITR) of last three years to the state Real Estate Regulatory Authority (RERA) failing which they will have to submit their declarations citing reason for non-submission of ITR.
Property dealers will have to give business details of last five years to RERA in addition to providing details on civil and criminal cases against them. Representational Image. Image Source: IANS