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.
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 http://www.essay-one-time.com/ for need.