Impact of Cartoons

Impact of Cartoons

As regards laying under section 64 of the income tax act with regard to availability for two residencial flats we have to submit as under. Imade paymwent of Rs 22,50,000 for the purchase of residencial premises.In 1995 the plan was not so clear Regarding numbering of the flats. In fact all the flats were forming part of 1unit only on the first floor of the building constructed subsequently The flats are adjoining to each other.Further as stated earlier the names of my family members were taken as joined name in the new premises so that under unforeseen circumstances of my death the society can easily keep the flats in my family members name.I did not have idea of nomination so i just thought this way which is this way which is with similar intension as nomination.
Payment to Mrs.Raghuvansi Constrution were made by way of deduction from the amount which i had to receive amounting to Rs70,00,000 against sale of my residencial bunglaw. I submitted this details, copy of receipt while other details dated 2-8-98 submitted to your office.
As regards payments for renowation and additions of my bunglow amounting to Rs1,39,000. I have to inform you that i have sold the premises earlier for an amount of about Rs 1-9-85 to which Rs308500 was received on 1-4-85 and Rs402666 was received on 11-6-85. this mo0ney were used for major renowation and addition to my earlier premises.i had submitted the copy of my bank statement earlier. A detail of expenses is enclosed herewith.

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