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194 IA APPLICABILITY

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(Querist)
13 August 2021 IF SOME ONE WANT TO BUY 2 FLATS WHICH VALUE IS FLAT 1 IS 35 LCS AND 2 IS 40 LCS BOTH TOTAL IS 75 LCS
PURCHASE FROM SAME BUILDER
BOTH FLATS SALE DEED REGISTERED SEPERATELY
IN THIS SITUATION S 194 IA APPLICABLE OR NOT?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
13 August 2021 In this situation 194 IA not applicable, as each property value doesn't exceed 50 lacs.
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J S PATEL & CO

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J S PATEL & CO (Querist)
14 August 2021 great thanks for your advice sir...
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