Easy Office

GPA FOR PURCHASE OF PLOT

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 August 2020 Dear Sir

Kindly advise is it legal for purchase of Plot FROM GPA issued to Third Party other than Blood relation and is there any taxes is to be payable

Kindly advise
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
03 August 2020 Yes, it's legal to purchase plot from GPA holder other than relative. No tax payable if stamp duty value and value as per sale deed.
Profile Image

MAHESHA R

Profile Image

MAHESHA R (Querist)
03 August 2020 Sir can you please advise, I am planning to Purchase Plot on agreement value and stamp duty also paying on this.



Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
03 August 2020 In such a case no tax payable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links