Purchase of property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 May 2014
If i purchase a property of Rs. 50 Lacs and Full sale value consideration is made through bank. But it is registered for Rs. 30 Lacs as per the guidance value. Can i show the value of property in my books as Rs. 50 Lacs as per the actual considerartion.
Guest
Guest
(Expert)
24 May 2014
you can dear by 50 lakhs if u paying rs 50 l
Message likes :
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Rupesh Jain
(Expert)
24 May 2014
if you pay Rs. 50 lacs then you have to show value as RS. 50 lacs. or
you pay Rs. 30 lacs then you book as Rs. 30 lacs.
you pay Rs. 30 lacs then you book as Rs. 30 lacs.
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