How to buy a plot in cash
This query is : Resolved
Rahul soni
(Querist)
16 May 2018
Hello sir,
How can I buy a plot in cash
Plot price is 6.40 lac
And I am filing income tax too
Yearly income is 2.80 lac
So,could please tell me a procedure
How can I buy a plot in cash
Plot price is 6.40 lac
And I am filing income tax too
Yearly income is 2.80 lac
So,could please tell me a procedure
CA PARAS BAFNA
(Expert)
16 May 2018
If you have past savings then deposit cash in your bank account and pay chrque to the vendor. You can pay only upto Rs 20000/ in cash.
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Rahul soni
(Querist)
16 May 2018
OkaY ... And what can I do if vendor want whole amount in cash ?
CA PARAS BAFNA
(Expert)
17 May 2018
If you wish to fufill the wishes of the vendor, you can do so however you will be liable to pay penalty of an equal amount.
Rahul soni
(Querist)
17 May 2018
No No I'll pay through cheque only ...
Thank you so much ca paras sir
Thank you so much ca paras sir
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