Announcement

Collapse
No announcement yet.

Deed of transfer of rights for resale property

Collapse
X
Collapse

Deed of transfer of rights for resale property

Last updated: June 7 2019
0 | Posts
123 | Views
  • Time
  • Show
Clear All
new posts

  • Deed of transfer of rights for resale property

    Dear members,



    Need some help on this topic, whether its legal. A buyer approached to buy my 9yrs old apartment, we agreed for a value.At the time of signing agreement he states that regitration will be done for the circle value and rest of the amount ex 10lakhs will be shown in 200rs stamp paper as buying of movable property like modular kitchen , wardobes, etc. He is saying by this way he can reduce the stamp duty charges, currently i stopped signing the deal.

    Just want to know, whether this procedure is legal. I will be showing sale of asset as captial gain, for this case whether i need to consult lawyer or CA.
Tags: None
Have any questions or thoughts about this?
Working...
X