WebApr 21, 2024 · 1) Buying Immovable Property . Any person should take or accept loan or deposit or advance in relation to immovable property only by account payee cheque, demand draft, online transfer through bank account or any other electronic mode as may be prescribed if the amount is Rs. 20, 000 or more. WebHello Everyone, My article on "TDS on Immovable Property Purchase – Return Filing & Payment wef 01.04.2024" has been published on TaxGuru. Do read and give… CA Kaushal Kumar Purswani su LinkedIn: TDS on Immovable Property Purchase - Return Filing & Payment wef 01.04.2024
Limit of 20,000 for immovable property transactions: CBDT reads ...
WebMar 29, 2016 · The Process. The Sale of immovable property maybe conducted by the seller personally or through theseller’s agent who maybe an Estate Agent. If you ar buying a property through an Estate Agent you must first satisfy yourself that the Estate Agent is registered witht he Estate Agents Council of Zimbabwe. Whether you are buying the … WebApr 9, 2015 · The proposed amendments will certainly deter the transactions from being back dated by use of cash consideration. Hitherto, for the purchase of immovable property as an asset, any quantum of cash could be paid and repayment of advance for immovable property could be paid in cash without attracting any penal provisions under the income … indesign substitute
Harsh Penalty for Property Transaction in Cash of Rs.
WebOct 9, 2024 · 18. Movable, Immovable And Valuable Property:-. (1) (i) Every railway servant shall on his first appointment to the railway service submit a return of his assets and liabilities, in such form as may be prescribed by the Government, giving full particulars regarding; (a) The immovable property inherited by him, owned or acquired by him or held ... WebFeb 16, 2024 · Our law permits the registration of immovable property into a foreigners’ name in the Deeds Registry. Instead of buying property in their personal names, … WebAug 10, 2024 · The Sale and Purchase Agreement (SPA) is a contract which embodies the relevant terms and conditions of the property transactions. Prior to the execution of the SPA, parties may execute a pre contract documents such as option to purchase (OTP). The OTP usually sets the basic terms towards the execution of the SPA. Nonetheless, at the end of … indesign stroke to shape