Hi, I have deal to sell my property in 9.60 lacks. The buyer has get the loan approved from X bank of 19 lacks and hence he will get the cheque accordingly. He want to do registry on guide line which is 11.60 lacks. He is asking me to transfer the balance amount back 9.4 lacks once I recieve the amount. Is this deal is good or bad? Please advice. (I'm sorry if the questions is asked on wrong forum)
Menu
Question on property sell
Replies (1)
Though there is no loss to treasury, but you will have to pay capital gains tax over 19 lakhs (sell value) rather than guidance value........
At the same time justification of the money paid back !!!
Recent Topic
- Buy back of shares
- Capital gain and federal tax withholding
- TIS amount
- Reimbursed income
- Bricks Klin
- Compile error in hidden module: Sheet1. (ITR 5 exc
- Is there a way to get refund for 26QB if paid twic
- How Important Is an MBA Course for Career Growth i
- Learn - How to Take Free Scheduled Auto Backup on
- UPi/Banking Remarks
Related Topics
CAclubindia
