Trust
This query is : Resolved
Gini Dutta
(Querist)
02 June 2015
my question is regarding regilious trust , trust is buying a land for temple construction the stamp value is 1 cr and fmv is 5 cr.
the seller of land is not ready to register the deed for 5 cr as capital gains on additional 4cr.
how should trust treat 4cr, can trust treat 4cr as development exps on land and withdraw 5cr from bank?
02 June 2015
you contact to shetty@ssrshetty.co.in
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