MansionOn the Grass, Barefoot.Nick Segal at UCLADundurn CastleA Mansion Estate in waiting..VillaLauriston_d3-0894

We r doing Real Estate Business in Ltd. Co. since 2008…….?

On October 15, 2009 / By Real Estate Law Help / In Real-Estate-Law-Terms

The main source of our finance is to take short term & long term deposit from customers with a rate of interest which will be matured on due date with interest. Some of customer r coming for investment 4 booking plot as per our agreeemtn. But others r coming 2 invest 4 high rate of int. which we hav commited 2 return it on due date. Our mark. ex. r collecting money from customers in North East. We r giving % of commission on the business(collection) they brough after deductng TDS. This is we r doing our business funda as per the terms & condition wtih customeres legally. This way we r rotating money & through it we hav invested upto 15 crores in our project which is 40% deemed to be completed. Could u tell me please whether TDS deducted is right & the business we r doing is right in the eye of law for Real Estae Business.

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