Did I do wrong by registering property for ₹39 lakh?

Hi, I paid ₹75 lakh to the seller (as per our agreement) and registered the property for ₹39 lakh based on the circle rates. Did I do something wrong? Now, after a month, the seller is asking me to re-register the property for the full amount of ₹75 lakh and threatening to file a complaint with the Income Tax Department If I fail to do so.

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Advocate By LEAD INDIA Answered: 11 Dec 2024

Sir, this is a complex matter and requires brief discussion so it is advised to contact an expert lawyer specialized in property matters. For further legal assistance contact us on our helpline number.
 

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