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SKN   05 January 2017

Selling property in full white after demonitization

Hi All, I want sell my property at 34 Lakhs but as per government valuation it has value of 20 Lakhs. And I Managed to get buyer will to pay in White (cheque) for 34 Lakhs. Will I face any Legal scrutiny for above 14 Lakhs in future.


 1 Replies

Kumar Doab (FIN)     05 January 2017

The revenue/cirle rate are for stamp duty etc.....

Once cal sell above it and pay duty/fee etc on sale price.


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