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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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