Friday, 27 April 2018

What is Lodha Group hiding from Income Tax dept?

Lodha Group incites you to commit a legal offense against the Income Tax Act. Signing Lodha's Application Form quietly removes the power of the home buyer to deduct TDS from the amount payable to Lodha. The only acceptable lawful position is that that the buyer will deduct TDS and remit it. Lodha's Application Form makes it the default position that the buyer will NOT deduct TDS, leaving it to the builder to do so.



Lodha incites you to commit an offense that will land you in trouble with Income Tax authorities. (Remember, Lodha Group will not face any consequences for this, because it is your legal obligation, not Lodha's!)
 
Nobody in his right mind wants to invite I-T scrutiny, but that's what can happen to you if you blindly trust Lodha's paperwork!

https://thebravepedestrian.blogspot.in/2017/11/warning-lodha-flat-buyers-may-face.html

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