Saturday 4th February
Home » Archives
No Capital Gain Tax On Society Redevelopment
By Accommodation Times Bureau Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the scope of “income” in s. 2(24) is very wide, a capital receipt is not chargeable to tax as income unless there is a specific... (Continue reading)
Handing Over the Charge to New Committee
As per Sec. 2(7) of the Maharashtra Co-Operative Societies Act, Committee means the Committee of management or board of directors or other directing body, by whatever name called, in which the management of the affairs of a society is vested... (Continue reading)
Whether Defaulter having right to vote?
When member termed as a defaulter? The member who fails to make required payment within the due date of bill, then he can be categorized as a defaulter. In such circumstances Society can also charge interest. It is important that... (Continue reading)
When Society can issue Duplicate share certificate?
Share Certificate is one of the most important documents issued to the members of the Co-operative housing society. The member who has lost his Original Share Certificate should make an application to the Society with Indemnity bond stating that he... (Continue reading)
Nescessity of M-20 Bond
The Managing Committee members must execute bond after their appointment within 15 days of their assuming the office under the Maharashtra Co-operative Societies Act 1960. The provision is important because if the bond is not executed within 15 days of... (Continue reading)
Formation of Co-operative Housing Society
By Adv. Vinod Sampat a) Formation of Co-operative Housing Society Practically every developer has to form a Co-operative Housing Society at one point of time or another. With the limited amount of options available with regard to management of the affairs of... (Continue reading)
Tenancy Rights
NON – Taxability of surrender of tenancy rights prior to 1-4-94 By Vimal Punmiya, Chartered Accountant The issue regarding taxability/non-taxability of surrender of Tenancy rights is giving sleepless nights to millions of Tenants, especially in city like Mumbai where Pugree system... (Continue reading)
Bye-Laws of the society
By Chhaya Dhuri “Bye-laws”:- means bye-laws registered under the Maharashtra Societies Act, 1960 for the time being in force and includes registered amendments of such bye-laws. The bye-laws are meant for internal management of the society. The bye-laws of the society must... (Continue reading)
Administrator appointed by Registrar
The Act provides that every society has to maintain record/documents and accounts for smooth working of the society. There are different issues of disputes arises in every society between Managing Committee and members. It is advisable to solve the disputes... (Continue reading)
Registration of Society with less than 10 Promoters
By Advocate Chhaya Dhuri Law Editor The condition for the registration of Co-operative Society is that no society can be registered under the provisions of Section 6 (1) of the Maharashtra Co-Operative Societies Act, 1960. Normally minimum 60% of the flat purchasers/... (Continue reading)
Hot Topics in Society
- Formation of Co-operative Housing Society viewed 1,572 times
- Maharashtra co-operative society act viewed 1,554 times
- Sale of flat in Co.op. Hsg. Society in Maharashtra viewed 1,015 times
- Redevelopment of Old Buildings viewed 754 times
- Occupancy Certificate viewed 656 times
- The Problems of Car parking viewed 565 times
- Maharashtra CHS Act viewed 544 times
- Non Occupancy Charges can not be more than 10% viewed 539 times
- What Society Bye-law says viewed 466 times
- Solutions to Conveyance Problems viewed 453 times
- Maharashtra co-operative society act
(4.00 out of 5) - Article XI (0.00 out of 5)
- Short notes on the consumer protection Act, 1983. (0.00 out of 5)
- Before purchasing a flat (0.00 out of 5)
- Builders cannot charges Transfer fees (0.00 out of 5)
- Can Society refuse transfer of flats : Maharashtra CHS Act (0.00 out of 5)
- Society transfer of Shares: Maharashtra CHS Act (0.00 out of 5)
- Car park spaces do not have Independent Status – Opines Maharashtra State (0.00 out of 5)
- Car Park Spaces Do Not Have Independent Status – Opines Maharashtra State (0.00 out of 5)
- What Society Bye-law says (0.00 out of 5)
- Maharashtra co-operative society act - 1 votes
- Article XI - 0 votes
- Short notes on the consumer protection Act, 1983. - 0 votes
- Before purchasing a flat - 0 votes
- Builders cannot charges Transfer fees - 0 votes
- Can Society refuse transfer of flats : Maharashtra CHS Act - 0 votes
- Society transfer of Shares: Maharashtra CHS Act - 0 votes
- Car park spaces do not have Independent Status – Opines Maharashtra State - 0 votes
- Car Park Spaces Do Not Have Independent Status – Opines Maharashtra State - 0 votes
- What Society Bye-law says - 0 votes
