GPA FOR PURCHASE OF PLOT

This query is : Resolved 

03 August 2020 Dear Sir

Kindly advise is it legal for purchase of Plot FROM GPA issued to Third Party other than Blood relation and is there any taxes is to be payable

Kindly advise

03 August 2020 Yes, it's legal to purchase plot from GPA holder other than relative. No tax payable if stamp duty value and value as per sale deed.

03 August 2020 Sir can you please advise, I am planning to Purchase Plot on agreement value and stamp duty also paying on this.



03 August 2020 In such a case no tax payable.



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