Tax laibiility

This query is : Resolved 

21 August 2012 If value as per stamp duty/registration authority of the property sold is more than the agreement value then who is liable to pay the tax on diffrence amount ?
whether buyer or seller

21 August 2012 The capital gain arises to SELLER. Unless otherwise specifically agree upon by the buyer, seller is liable for his/her capital gain.



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



Unanswered Queries