Legal Question in Real Estate Law in India
I purchased a flat in a township and before taking possession in Dec 2009 paid all the dues. But the property is still unregistered. Now when I approached the builder for registration he asked to submit an undated cheque for VAT. Is VAT applicable in my case as I have taken possession in Dec 2009 and paid the entire consideration?
Asked on 2/29/12, 1:43 am
3 Answers from Attorneys
U can file suit for specific performance for registration and no one claim undated cheque
Answered on 2/29/12, 4:53 am
Shrichand Nahar
S.V.Nahar, Advocate
Check with your Chartered Accountant for applicability of VAT to your transaction.
Answered on 7/03/12, 3:54 am
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