Dear All,
I am buying a property in Mumbai, the said flat was purchased by HUF karta in 2001 from builder through allotment letter / Agreement which was not registered. In 2005, a new part A purchase the flat through a tri party agreement between builder, HUF (allotee)and Party A which was registered. Said registered society has issued the share certificate under part A in 2005. Now Part A wants to sell the flat to me. Can you please tell me if the HUF ( any co parcerners or minor parcerner) can raise a cliam. If yes how this can be resolved.
Tds on purchase of joint ownership property (flat)
Dear Experts,
we are buying (me and my wife) a property (flat) which is a joint ownership (50% each).
Query
1) TDS 1% of the agreement value should I have to pay equally on the pan cards of the joint owners ?
2) should the joint buyers also have to split the 50% TDS and pay each to the joint owners pan card separately?