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Any person who offers to purchase property at a particular amount should not be asked to make any deposit or furnish any bank guarantee.

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....t the stated consideration in respect of a particular immovable property, the sale of which was registered, was under-stated and he was prepared to buy the property at a certain value much higher than the stated consideration. While the proceedings under Chapter XXA of the Income-tax Act, 1961 were being started, the Competent Authority asked the complainant to deposit the amount, which he was pre....

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Any person who offers to purchase property at a particular amount should not be asked to make any deposit or furnish any bank guarantee.