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Affidavit ...

(Querist) 09 May 2013 This query is : Resolved 

1.What is the basic meaning and purpose of Affidavit.

2.Can a person issue an Affidavit to any person or is it always issued to an Organization or Office or Govt. Organization.

Thanks ...
prabhakar singh (Expert) 09 May 2013
What is the basic purpose of the question you have asked?

Hemant Agarwal (Expert) 09 May 2013
1. A Affidavit is a self-oath statement given typically for legal requirement, duly notarised or even non-notarised.

2. Affidavit can be given to ANY person (including a Company, Govt. etc....), for any legal purposes.

Keep Smiling .... Hemant Agarwal
R.K Nanda (Expert) 09 May 2013
state real facts.
ajay sethi (Expert) 09 May 2013
academic query
Devajyoti Barman (Expert) 09 May 2013
we do not reply academic query.
tdeli (Querist) 09 May 2013
I asked the query but i think it was missed and i dint received any answers by you esteem specilists so i am referring the same again here -

My Friend had purchased a Residential Property in New Delhi with some other person namely A having 50 % share in the Property.

On the same date i entered into an MOU and Agreement to Sell of the same property with my Friend wherein he had sold half of his share whish was 25 % of his 50% Share of the property to me and as per the Agreement to Sell and the MOU he had clearly mentioned the details of his holdings in the property and also of the Mr. A but the Agreement or the MOU was not signed anywhere by Mr. A as it was a deal between my friend and me.

Mr A and my friend sold the property and my friend duly paid me my share in the property which was 25 % share.

My Ques. are -

1. Could he enter into any Agreement to Sell with me on his 50 % of share.
2. Could he and me have a joint venture as such in his 50 % of share in the property.
3. Can i issue him an affidavit( as he is asking me one) now declaring -
a) the details of this transaction.
b) the details that i have received my profit on this deal.
c) that i will be liable for tax on my profits.
4. Can one issue an affidavit to any person or is it always declared for the purpose of Govt authorities.
5. Can i issue him any other document instead of an affidavit which will solve his purpose for his taxation purposes.

Thanks...


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