ITAT Rules Redeveloped Flat Not Taxable as Other Income: Section 54F Explained
In a significant ruling for property owners and tenants, the Income Tax Appellate Tribunal has…
Category: Co-operative Society
Banks Can Deny NOC For Redevelopment of Property?
When a housing society undergoes redevelopment, flats that are under a housing loan are technically…
Can Housing Societies Use Sinking Fund for Structural Repairs Before Redevelopment?
In many aging housing societies, especially those nearing 25–30 years, structural audits often recommend urgent…
Is Rotational Parking Legal in Society Redevelopment?
Parking allocation is one of the most sensitive issues during redevelopment of cooperative housing societies.…
Virtual Meetings in Housing Societies – Are They Still Allowed After the Pandemic?
During the COVID-19 pandemic, cooperative housing societies across Maharashtra adopted virtual meetings to ensure that…
Maintenance Charges for Unsold Flats – Are Existing Members Liable?
Many residents in newly formed housing societies face disputes regarding maintenance charges for unsold flats.…
Can a Flat Be Transferred Through an MoU After the Owner’s Death?
Disputes often arise in cooperative housing societies when a member passes away without clear succession…
Impartial Complaint Handling in Cooperative Housing Societies: Role of Advisory Complaints Committee (ACC)
In many cooperative housing societies, members sometimes feel that the managing committee is biased while…
Carpet Area – Dilemma Under Redevelopment Projects
By CA Ashwin Shah & Adv Maitri Shah, Carpet area is commonly understood by a…
Can a Person Be Office Bearer in Two Cooperative Housing Societies?
In cooperative housing societies, it is common for individuals to own flats in more than…