Advance of 100% of the flat value paid in 2006 but the project was stalled due to govt interventions
This query is : Resolved
19 March 2025
Advance of 100% for the sale note of a house property paid in 2006 but the project got stalled and completed in 2025 and cost escalations were paid and agreement registered. Will section 194(1A) be applicable to the advance paid in 2006 which got adjusted while paying the final agreement value
CA R SEETHARAMAN
(Expert)
21 March 2025
194(1A) be not applicable to the advance paid in 2006.
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