Legal Question in Real Estate Law in India
sir if there is a land owner who has given his land on lease to the constructor and the constructor makes appartment on it after mutual consent. He gives some flats on that land to the land owner in consiideration of land
then what all taxes would be attracted. and who is liable for tax??????
Asked on 3/10/14, 7:30 am
2 Answers from Attorneys
Adv Meenal Kashyap
M Kashyap & Associates
Construtors liability to clear all formalities and tax.
Answered on 3/10/14, 7:39 am
Fca Prashant Chavan
Expert Edge LLP
11.03.2014
Dear Sir / Madam,
Since the land is leased to the Builder, he remains responsible to incur the Property Tax and all related statutory dues for the entire duration of the lease.
Regards,
Answered on 3/10/14, 7:40 pm
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