Final sale deed and section 43(c)(a) of income tax
Mayuresh Gujar
(Querist) 03 June 2014
This query is : Resolved
sir
i am going to register a final sale deed of a flat property. At the time of transaction, consideration / value of the flat was rupees 5,00,000/-. Now govt valuation of flat is rupees 1500000. Agreement was not registered but was notarized. can section 43(c)(A)will be applicable to old notarized agreement?
B.Chakrapani Warrier
(Expert) 07 August 2014
No, provided-
1) the property should not be a 'capital asset' and
2) consideration in whole or part must have been received ,other than in cash, on or before the date of the agreement.
Guest
(Expert) 10 December 2014
Well advised
Anirudh
(Expert) 10 December 2014
WHAT A PITY.
ON TAX MATTERS THIS FELLOW USED TO SAY CONSULT CA CLUB ETC.,
NOW HE PRETENDS AS THOUGH HE IS A TAX EXPERT AND GOES TO EXTENT OF CERTIFYING OTHERS ADVICE!
This fellow cannot even be a last person one can consult for any advice.
This fellow is good for nothing. Many a times he gives advices which are not supported by law.
TAKE THIS FELLOWS FALSITY IN HIS PROFILE. THIS FELLOW ATTACHES MORE IMPORTANCE TO THE PROFILE, WHILE HE IS FILLING UP TOTAL FALSE HOOD IN HIS PROFILE.
please visit the following link:
http://www.lawyersclubindia.com/lawyers_search/N-J-S-Rajkumar-alias-narasimha-254519.asp#.VIcRwmeHPFx
where he claims that he is practising from 2001, while as already indicated by me, he was enrolled only in the year 2012!!! CAN ANYBODY PRACTICE BEFORE ENROLMENT? IF ONE DOES SUCH A PRACTICE IS HE NOT FIT TO BE CALLED A "FRAUD"?
N.J.S.Rajkumar alias narasimha's Details
Listed Under
Business Law
Civil Law
Criminal Law
Practicing Since
2001
Specialization
SEBI and SEBI RELATED CASES
Court
Others
Address
54,PARASURAMA EASWARAN KOIL WEST MADA STREET,AYANAVARAM,CHENNAI 600023
Other Details
rajkumar_wins@rediffmail.com 9444036927
Therefore, before taking advice, the querist should be too careful
