Articles by CA Amit Kumar Hallen

PROBLEMS OF TAKING A FLAT IN A PVT LTD COMPANY

  CA Amit Kumar Hallen    19 January 2010 at 12:22

It is advised not to take any flat in a company name to save stamp duty to be paid at the time of further transfer in future. There will not only a problem in current year, but assessment of last 6 years can be reopened. This can be explained as foll