Draft I-T rules hike reporting threshold for property deals to ₹45 lakh

The draft Income Tax Rules, 2026, have proposed a higher threshold for property Statement of Financial Transaction (SFT) reporting. According to the draft Rule 237, the reporting requirement for purchase/sale/gift/joint development of immovable property is proposed to be raised from ₹30 lakh to ₹45 lakh. The information is filed by the registrar, sub-registrar or inspector-general of registration.