REGISTRATION OF PLOT THROUGH GPA
This query is : Resolved
30 May 2020
Dear Expert
Kindly advise I am planning to buy a Plot in Bangalore but the owner of Plot is residing USA and he is not able to come to India hence, I am planning to register the plot through GPA.
Kindly advise in this regard
Kindly advise I am planning to buy a Plot in Bangalore but the owner of Plot is residing USA and he is not able to come to India hence, I am planning to register the plot through GPA.
Kindly advise in this regard
30 May 2020
It's legally valid in registration through GPA.
In case the seller is NRI TDS @20% plus sc has to be deducted on sale value and deposited to government account.
In case the seller is NRI TDS @20% plus sc has to be deducted on sale value and deposited to government account.
30 May 2020
Dear Sir
Thank You and the seller is having Indian National Holder passport but working in USA.
He is giving GPA to his brother for registration.
Kindly advise sir in this case also tds is required to deduct @ 20% and if you have any format GPA kindly share sir
Thank You and the seller is having Indian National Holder passport but working in USA.
He is giving GPA to his brother for registration.
Kindly advise sir in this case also tds is required to deduct @ 20% and if you have any format GPA kindly share sir
30 May 2020
As he is working in USA he should be NRI so 20% TDS applicable.
See the link for GPA format.
https://www.legalhelplineindia.com/legal/general-power-of-attorney-for-a-property/
See the link for GPA format.
https://www.legalhelplineindia.com/legal/general-power-of-attorney-for-a-property/
30 May 2020
Welcome...................
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- TDS Challan Code
- Relief u/s Section 89
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- Entries in AIS regarding sale of units and shares
- Lease agreement and tax on sale
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
