Amended provisions of sec.269ss
N SURYANARAYANA
(Querist) 24 June 2015
This query is : Open
If any person,who has not received any advance of any kind whether in cash or cheque in connection with sale of his immovable property, wants to receive the sale consideration amount in cash before the Sub-Register as full and final consideration,will the amended provisions of sec. 269SS(w.e.f.01/06/2015) come in the way of the transaction? What is the position of law if the seller is an Income-tax assessee or otherwise.