CASH LOANS

Tax queries 812 views 3 replies

 

When an property is purchase by  two or more person but stamp duty  for the property is paid by only one of such owner in cash does it amount to cash loan to another owner of such amount of the stamp duty paid ?

Replies (3)

It depends upon the agreement between the owners.

Originally posted by : CA.G.Muguntha Narayanan

It depends upon the agreement between the owners.

Yeah right! I agree! It depends upon the agreement.

 

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