TMI BlogSteps to ensure conveyance deeds of sale of property by the Central Government.X X X X Extracts X X X X X X X X Extracts X X X X ..... ers of the region where the property is located. The Chief Commissioner acts on behalf of the Central Government in arranging sale of the property and realisation of the entire sale proceeds. After completion of the sale and realisation of the entire sale proceeds, the purchasing party is required to prepare a draft conveyance deed for execution by Director (OT) or under Secretary (OT) on behalf o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the auction proposals when they want, legal title over the property due to some reason. The Chief Commissioner's office often does not ensure that the parties pay the required stamp duty and the final conveyance deed is executed within a reasonable time of 3 to 4 months after completion of the sale. 3. On a reference made to the Ministry of Law in a case where the purchasing party was not wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are requested to take steps to ensure that in all cases of sale of property by the Central Government, the formal conveyance deeds are presented for execution by the purchasing party within a reasonable time of 3 to 4 months after completion of the sale and payment of the complete sale price. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X
|