Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Registration

Save Share

Join Us Follow Us Add as Source

This query is : Open

Report Query Ask a Query

Guest

Guest (Querist)

13 June 2013 Whether registration of a property is mandatory ...even we dont have any threat to the title and ownership?? The entity just want to take the tax benefit?

Ajay Mishra

Ajay Mishra (Expert)

21 June 2013 If you don't have title on it then it is liberty to not register the property. Because ownership is not going to change.

Guest

Guest (Querist)

21 June 2013 The property belongs to X ...and its leasing to its own company....this means that since there is no issue of contradiction for title...now it doenst want to register because of its huge cost ...can Income tax deny to give the benefits...Thats what I need to knw please

Ajay Mishra

Ajay Mishra (Expert)

21 June 2013 Not much knowledge on Tax issue.

Guest

Guest (Querist)

21 June 2013 It Ok.....thanks for ur reply

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