A Pvt. Ltd. Co. planning to sell their land and building, purchased more than three years ago the property is under lease from a state industrial development corporation. All the installment are paid and cleared can the lease deed transfer to another company and what is the procedure of capital gain calculation..?
Menu
Urgent Please
Replies (1)
Pankaj-U can enter into a tripartite agreement with that SIDC, ur company and proposed buyer in which u can specify the fact of lease and the SIDC will sell and ur co will receive the consideration.
Also i will suggest to luk into the provision of the lease deed. Is it showing automatic transfer of ownership, then u can obtain title deeds and NOC from SIDC and execute sale deed in favor of buyer. But 1st option is best as per me- tripartite agreement
Recent Threads
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
Related Threads
CAclubindia
