Sale Deed Value Less Than Sale Agreement Value
In other words, the validity of an unreg registered agreement was not challenged in order to provide it as proof of the benefit derived from such a contract. But to protect property, an unregreg registered contract could not be enforced. The `transfer` within the meaning of Article 2(47) would be concluded if the property is protected. 1. Irrespective of the market value or market value, stamp duty on the taxable value of the immovable property must be paid, as defined by the Member States of the IGR (State Government). 5. Registration is the minimum value prevailing in the State. I advise you to buy the same circle and, if this is not the case, the stamp duty must be paid on the circle rate, and the consideration is the same as by rounding in the deed of sale. Remember here that both parties must comply with the conditions set out in the sales contract.
Any party that fails to comply with any of the conditions set out in the agreement may be brought before the courts if the other party so wishes. All parties concerned should also ensure that this document can be invoked as legal evidence before the courts of the law and that all those who have agreed to comply with the conditions are legally bound by it. (2) For the purpose of calculating capital gains, account would be taken of the circle rate and not of the price indicated in the deed of sale. The registration of the property is done only at the county rate or the counterparty, depending on what is more, there is no problem in the consideration is lower than the market price and you can declare your property at the county rate. 2. The government is concerned about receiving its stamp duty on the tax value and there should be no legal problem when registering the document. To remedy this anomaly in the law, the Finance Act 2016 amended Section 50C. In accordance with the amendment, in the event that the date of the agreement fixing the counter-performance of the sale and the actual date of registration of the sale of land or buildings are not identical, the value accepted by SVA at the time of the agreement may be used as a counter-performance of the sale. However, to benefit from this benefit, at least part of the sale transaction will be received on or before the date of the transfer agreement via an account check or a change of bank or ECS. . .