Pl help, it raid
This query is : Resolved
19 December 2015
Dear all, please help.. One of my relative has purchased a commercial building purchased at 1.5 crores and later after few months the registration was made in their sons name at 22.4 lakhs. The seller of this property had an IT raid and now the buyer i.e my relative is stucked up as he had paid the difference in cash, and the officer called them to his office this monday. Can anybody help me now how do I deal with this situation.
20 December 2015
which part of India, your relative is?
21 December 2015
From north karnataka..
24 December 2015
Explain the situation as has happened to the concerned ITO. Cash element has no place in your argument, please note that
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
