IT Department Investigates Agra Sub-Registrar Office for Irregularities
AGRA: A five-member team from the income tax department conducted a review of property registration records at the sub-registrar office-II in Sadar tehsil, Agra, on Tuesday morning, according to officials. Sources indicated that the sub-registrar’s office had not been disclosing property registration deeds (sale deeds). Following a thorough examination, actions will be initiated against taxpayers who may have concealed information regarding property transactions. “Transactions exceeding Rs 10 lakh without PAN, and those above Rs 30 lakh, must be reported. Instances of negligence, including underreporting and flawed statements of financial transaction (SFT), have been identified. Land deeds valued at Rs 1,000…