Whether booking amt accepted by builders attracts 269SS


17 September 2009 Pls tell whether advance booking amount against Flats accepted by builders & real estate devolopers attracts 269SS

17 September 2009 no....its advance n not in nature of loan/deposit

19 September 2009 it means advace booking amount can be accepted in cash and can be repaid in cash.


27 September 2009 it should be accepted otherwise than cash for preventing any difficuty in future

27 September 2009 is it nessessary to take PAN and address details of depositor?



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