Well, i want to know in property government now implemented a price for sale purchase so when ever there is a a sale or purchase property we had to show pay tax as per government estimation
My question is , is there any law or way to find which want us to show minimum value of car we purchase?
Scenario is we buy a car , its more then 10 years old car and we purchase with the help of many family members contributions, if I only paid around 20% of the amount of car and now i want to transfer it at my name so no way i can show 100% of car amount in my return and purchase amount as i di dnot have too much money to show so can i show any amount at the time of transfer to civic enter in agreement or there is a minimum to show? or i had to show the full amount even i did not pay it myself?
Hope you understand my confusion