Stamp duty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2015 A flat is sold @ rs 48 L, but registered for 32L which is the ready reckoner value by purchaser. Rest is given by cash, which is deposited in bank. Will seller be responsible for creation of black money or non payment of tax

Rupesh Jain

Rupesh Jain (Expert)
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09 June 2015 SELLER HAVE TO PAY THE AMOUNT BY CHEQUE OR DD.
IF IT PROVES THEN SELLER & BUYER BOTH ARE RESPONSIBLE FOR NON DECLARTION OF CORRECT AMOUNT.

Rupesh Jain

Rupesh Jain (Expert)
Follow

09 June 2015 SELLER HAVE TO PAY THE AMOUNT BY CHEQUE OR DD.
IF IT PROVES THEN SELLER & BUYER BOTH ARE RESPONSIBLE FOR NON DECLARTION OF CORRECT AMOUNT.

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