31 December 2014
Dear Sir, I had purchased a flat in Mumbai Mira road with agreement of ₹3724000 on 2011, as in dec 2014 I had paid stamp duty n registration according rise in market value of ₹4608000, my builder is asking black money as a tax difference between old agreement value n new market value ₹309000 as 35% (3724000-4608000=884000)...do I have to pay, if yes then what is the actual percent I hv to pay ??? Pls advice ??? Thanks ravin