Friday 12th March
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Advance ruling on taxability of salary of Indian working abroad
An individual who resides in India for a period of less than 182 days during the previous year and is residing outside India for the purpose of employment, then irrespective of the fact of his presence in India for the... (Continue reading)
Transfer fees paid above Rs.25 k not refundable
Transfer fees paid above Rs.25 k not refundable By Staff Reporter In a land mark judgment Bombay High Court had said that you cannot ask for a refund unless you prove you were forced to pay the sum over and above the... (Continue reading)
Engaging Overseas Indians
P.K. Mohanty** India’s engagement with its overseas community has been mainstreamed with the establishment of a focal Ministry – the Ministry of Overseas Indian Affairs (MOIA) – for all matters relating to overseas Indians. The Ministry’s mandate is to serve... (Continue reading)
Maharashtra Amends Rehabilitation Law
Maharashtra amends Rehabilitation Law By Staff Report The government of Mahrashtra have gone back on their words to allot developed land to farmers who gave land for infrastructure and industrial projects. In December 2009, the state government amended the law that provided... (Continue reading)
Department can’t collect service tax on renting of immovable properties
In absence of stay from SC, Department can’t collect service tax on renting of immovable properties by resorting to other means Executive Summary: – In absence of Supreme Court’s order staying operations of High Court’s judgment relating to levy of service... (Continue reading)
Adjudication of papers compulsory for paying stamp duty
Aftermath of land scam in Borivali, Sub-registrars have been divided into seven counters. The Stamp Duty have to be paid after adjudication only. No documents are registreared by the authorities for want of transparent process. In other 5 zonal offices, now... (Continue reading)
High Court thwarts petition against Vile Parle skywalk
Written on 28 Dec, 2009 at 15:29 in Current Affairs, Legal, Others, Real Estate News | viewed 22 times | 0 Comments
The Bombay High Court has recently rejected the petition filed by Vileparle Vyapari and Residents Association to oppose construction of skywalk at D.J.Road, Vile Parle-W. The Division Bench, consisting of Honourable Judges Ranjana Desai and Mridula Bhatkar, observed that, “Skyway... (Continue reading)
Societies, not builders, are eligible for revenue from advertising hoardings
Written on 23 Dec, 2009 at 11:26 in Current Affairs, Real Estate News, Society | viewed 6 times | 0 Comments
Earnings from hoardings are usually land up with the builders even though the hoarding may be atop the flat owner’s terrace. Recently though in a landmark order the National Consumer Disputes Redressal Commission (NCDRC) upheld the order passed by the Central... (Continue reading)
An amendment to DC Regulation 33 (9)
Written on 15 Dec, 2009 at 15:35 in Current Affairs, Legal, Real Estate News, Society | viewed 27 times | 0 Comments
Development Control Regulation 33 (9) has a new amendment in cluster redevelopment. The amendment has given tenants of old, cessed buildings the right to select their own builder. However, the landlords can veto against any decision as their consent is... (Continue reading)
Multiple Registration of Property Documents
A single property is registered numerous times to avail of finance. A dissertation of these practices sheds light into this malpractice.... (Continue reading)
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- Act Governing Real Estate
(0.00 out of 5) - HC: Minority of Tenants Cannot Oppose Redevelopment (0.00 out of 5)
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- Transfer of leased premises sans business ends taxpayer’s right in capital asset (0.00 out of 5)
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- The Builder is obliged to give the Occupation Certificate (0.00 out of 5)
- Auction of Non-Existent Flats (0.00 out of 5)
- Foreign nationals can keep 100% of Post-Tax Salaries (0.00 out of 5)
- Multiple Registration of Property Documents (0.00 out of 5)
- An amendment to DC Regulation 33 (9) (0.00 out of 5)
- Act Governing Real Estate - 0 votes
- HC: Minority of Tenants Cannot Oppose Redevelopment - 0 votes
- HC upholds 1980 land ceiling verdict - 0 votes
- Transfer of leased premises sans business ends taxpayer’s right in capital asset - 0 votes
- Gift of Immovable Property or any other property - 0 votes
- The Builder is obliged to give the Occupation Certificate - 0 votes
- Auction of Non-Existent Flats - 0 votes
- Foreign nationals can keep 100% of Post-Tax Salaries - 0 votes
- Multiple Registration of Property Documents - 0 votes
- An amendment to DC Regulation 33 (9) - 0 votes