New Delhi, Oct. 23 -- Are you planning to invest in a real estate purchase? We asked experts how many properties can be registered on a single PAN and at what threshold must property transactions be reported to the income-tax department, and how to ensure you avoid any tax notice for property.

Here's what they suggested.

According to Amit Ganatra, Executive Director at Khaitan & Co, there is no specific numerical limit under the Indian Income tax Act / Rules on how many properties a person can buy or register using the same PAN.

Dinkar Sharma, Company Secretary and Partner at Jotwani Associates concurred, adding that it is possible for an individual to own multiple residential or commercial properties, "as long as the transactions are ...