Immovable property still not intimated
nandakumar 789
(Querist) 08 December 2020
This query is : Resolved
sir,
I am working in ministry(S&M) and purchased the land jointly with my brother on 2018 . I didn't inform the office that I am purchasing the land. The registration is completed and I availed leave on registration date. But I am filling every year on office portal immovable property returns column, the land which i purchased on 2018 all the details I am filling till date. But now i think to intimate through letter which is late intimation. kindly suggest if i intimate any problem will occur in work.
Isaac Gabriel
(Expert) 09 December 2020
Not necessary.You have intimate the newly added property if any.
kavksatyanarayana
(Expert) 09 December 2020
When you filed the annual statement of properties(immovable or movable worth more than two lakhs) every year to date, is ok. But it is very better to intimate to the authority concerned with an explanation for the delay.
Rajendra K Goyal
(Expert) 10 December 2020
You may inform through letter by obtaining acknowledgement. May regret for the delay in informing.
P. Venu
(Expert) 11 December 2020
You have already included the particulars of the newly acquired property in the Annual Return. As such there is unnecessary to wake up a dormant issue.
Moreover, provisions of Conduct Rules require only furnishing intimation, unless the property dealings is with a person having official dealings.
