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Answer Posted / niranjan nayak
It is both an asset and liability.When it is collected from
purchaser it is a lisbility for seller and an asset for
purchaser.
| Is This Answer Correct ? | 115 Yes | 19 No |
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purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
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Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com
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