CAPITAL GAIN
This query is : Resolved
DHARMCHAND OSTWAL
(Querist)
14 June 2011
ONE OF MY CLIENT SOLD HIS HOUSE AND CAPITAL GAIN ARISED. HE ADVANCED MONEY FOR PLOT TO A COLONISER TO CONSTRUCT THE RESIDENTIAL HOUSE, AFTER GIVING SUBSTATIAL AMOUUNT, AT THE TIME OF REGISTRY A DISPUT ARISEN AND REGISTRY CAN NO BE COMPLETED. THE SELLER OF PLOT OFFERED ANOTHER PLOT FOR REGISTRY. IN THIS CASE THE AMOUNT CLAIMED IN RETURN TOWARDS INVESMENT IN PARTICULAR PLOT. WHAT WILL BE CONSEQUENCES OF THIS SITUATION?
16 June 2011
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