LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rajeshmohan (PROPRIETOR)     21 July 2017

Agreement of sale cum gpa with consideration

General Power of Attorney with consideration


Learning

 2 Replies

Rajeshmohan (PROPRIETOR)     21 July 2017

Sir,

I am acquiring a property from a Company registered with ROC.  The guideline value is 15 crores. By paying full consideration of 15 crores i am proposed to go register an Agreement of Sale cum GPA with full consideration by taking possession and original title deeds.  So that I can pay only 4% and 1% instead of 7% and  deduct 1% TDS from the sale consideration and pay to the Income Tax Department, because I wish to sell this property for higher pricie and pay 30% income tax from my profits.  Can I proceed with GPA with cosideration since the property coming from a Company.  Is there any issues will come and is it legal to go or will it come under stamp duty evasion etc.

Fiona Lowery   17 November 2017

Perfect agreement leads for the complete consideration of things as it work for the working. The real good contract need some sale agreement in specified require manner. The detail seen in site https://www.essay-one-time.com/ for need.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register