Penalty paid on construction of apartment to land owners

This query is : Resolved 

17 March 2016 I parchased a flot before construction and agreed to pay payment for construction of flat as per terms of constract but i failed to pay as per terms .so penatly/interest paid to them is treated as cost of builing includes?

24 March 2016 No. penalty is for non performance of terms.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries