By Jharkhand Bureau Sec 15 Mobilisation of Funds and Restrictions on Borrowing :-(1) A registered society may mobilise funds in the shape of share capital […]
Category: Society
Co-operative Housing Society Tribunal at Goa
By Goa Bureau Sec 137. Seat of the Co-operative Tribunal.— (1) The seat of the Goa Co-operative Tribunal shall be at Panaji, but the co-operative […]
Society Transfer fees is just Rs1000/- and premium of 1% in Goa
By Goa Bureau Sec 134. Fees and premium for transfer of shares or interest of the member.— (1) A member whose application for transfer of […]
Non Occupancy Charges is 5% in Goa
By Goa Bureau Sec. 133. Fees for non-occupancy of plot or dwelling unit.— A member of a co-operative housing society who has been given consent […]
Special General Body Meeting not needed to pass Redevelopment Resolution
By Advocate K K Ramani. IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 10285 OF 2009 Harsha Coop. Housing […]
Non-occupancy charges received by Housing society not taxable
By Legal Bureau Assessee has challenged the addition of Rs.30,914/- made by the Assessing Officer on account of non-occupancy charges as income from the business […]
Builders have no right to sell parking space: Consumer Court
By Legal Bureau Mumbai: Recently the State Consumer Disputes Redressal Commission mentioned that stilt parking or open parking both of which are part of common […]
No Capital Gain Tax On Society Redevelopment
By Legal Bureau Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the scope of “income” in s. 2(24) is very wide, a […]
Handing Over the Charge to New Committee
By Legal Bureau As per Sec. 2(7) of the Maharashtra Co-Operative Societies Act, Committee means the Committee of management or board of directors or other […]
Whether Defaulter having right to vote?
By Legal Bureau When member termed as a defaulter? The member who fails to make required payment within the due date of bill, then he […]