Dear All,
Can the declared sale value(consideration) in a registered sale deed be less than the Jantri?
Eg. if the Jantri is 17 lacs, can the consideration paid for such a house property be 5 lacs in the registered sale deed?
Is there some new law which doesnt allow this?
If a lower consideration than the jantri is shown in the sale deed , would there be any Income tax problems for the buying party and the selling party ?