Execute specific POA in favour of family member to execute sale deed on your behalf 

2) if entire amount is being paid by cheque or demand draft full sale consideration should be mentioned in sale  deed 

3) don’t agree to mentioning only circle rate in sale deed 

If you take from cheque you need to show it by way of other income as you can't again show same as sake income as you have shown less value. It's better you deal in cash if you want to be secured. Else need to pay tax

- If you will receive entire amount by way of cheque , then you will have show the said amount in Sale deed for stamp duty and also in the Income tax.

- Hence, inform his to pay in other ways 

- Further, you can execute a POA in favour of any relative for executing the sale deed in your behalf. 

2.  It's advised to give POA to a blood relative and not to a friend, who is a non-blood relative to save adjudication/stamp duty charges.

If POA is given to your friend, then the adjudication/stamp duty charges will be 5% of the value of the property.

Your cost of acquisition of the property will be the value declared on the sale deed, for computation of capital gains in future. You may very well execute a specific PoA in your friend's favour to countersign the sale deed along with the vendor on your behalf.

1. Understand that you are selling the property at a price higher than the Circle Rate (which you are terming as Guidance Value).

2.Even if you show less selling price than the Circle value, the I.Tax department will take I.Tax on the difference of the Circle Value and the sale price.

3. In the instant case, you shall have to show the amount of the balance amount as income from other sources to pay the I.Tax thereupon.

You can show the extra income out of ther sale consideration amount as income from other sources in our ITR and can bring it to yor account so that you do not have to be worried about bringing it to white account.

If you are not able to execute the registered sale deed then you may have  give a POA deed registered in favor of the chosen power agent who shall carry out the execution of the sale deed on your behalf.

Dear client,

A power of attorney is not an instrument of transfer in regard to any right, title, or interest in immovable property; however, any genuine transaction carried out through a general power of attorney is considered valid under the law.

A sale deed must necessarily be registered in a sub-registrar’s office. Even if the buyer has paid the full amount upfront to the seller, an unregistered sale deed does not pass ownership to the buyer.

First, you will have to purchase a stamp paper based on the property value. Get a sale deed drafted. Lastly, the buyer, seller, and two witnesses will only be required for the registration of such a sale deed.

Thank you. 

Income Tax-related issues can be clarified by a Chartered accountant in Trivandrum. It's possible to sell the Property through General Power of Attorney. However, the Sub-Registrar where the property is registered must be satisfied that the PoA is genuine.