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Faruqui & Company
Chartered Accountants
211, Delhi Chamber,
Delhi Gate, New Delhi-2
Tel No 011-23262425
FAX- 011-23269723, 41544783

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Kamal Faruqui FCA 9811057786
Rajesh Aggarwal FCA 9811116469
S.M.Yamin Qureshi FCA 9811116674
J.B. Sharma FCA 9810308766
Deepak Jain FCA 9811063827
Email: faruqui.co@gmail.com
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By scoop, Section Ask Questions
Posted on Mon Dec 05, 2005 at 04:43:15 AM EST
< Bombay HC admits writ against FBT validity | Forensic & Dispute Consulting >

Contact Us | 1 comment (1 topical, 0 hidden)
Property Registration for guideline value (none / 0) (#1)
by thagha on Wed Sep 17, 2008 at 12:59:26 AM EST
I am selling my property. The buyer insists that the property be registered as per the guideline value.
The buyer is buying the property through a bank loan. When the property is registered for the guideline value less than than the actual sale value, how would the difference money be treated for the seller from the Tax perspective?. I am surprised that the bank itself is supporting the registration for less than the sale value.
Please explain




Contact Us | 1 comment (1 topical, 0 hidden)
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