Purchases a property from huf
vinod jain (Practicing Chartered Accountant) (39 Points)
12 June 2016vinod jain (Practicing Chartered Accountant) (39 Points)
12 June 2016
Yogesh Ainapure
(Chartered Accountant)
(50 Points)
Replied 12 June 2016
There won't be any liability on you, since if affidavit is found false, seller will be held responsible & it will a transaction void-ab-initio.Just check whether all other property(like sale deed,7/12 extract etc) documents are genuine.
vinod jain
(Practicing Chartered Accountant)
(39 Points)
Replied 13 June 2016
If the transaction becomes void-ab-initio then its our purchased property becomes again of HUFs property which is our problem.
i want to know that what i do so that the transaction eneterd going to be valid.
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