I am buying a property where Mr.A is the sole owner and Mr. B as confirming party. They want me to make 75% of the payment to Mr. B and 25% to Mr. A. And Tds payment to Mr. A. Will I have any sort of tax issues if I do. Legally my lawyer has given me a go ahead but wanted me to check with a CA regarding tax.
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183881 Points)
Replied 20 May 2018
Is agreement between Owner & Comfirming party registered?
Whether any clarification made in the agreement that Mr. B will be entitle to receive any amount on behalf of owner, while transfer/sale of the property to third party?
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