By Legal Bureau Q 1. What is the minimum number of promoters required to join the registration proposal? A. 60% of the flat purchasers/ promoters […]
Majority Prevails in Housing Society and Condos : Bombay High Court
By Legal Bureau Shri Suresh Govind Zantey Vs. Mr.Madhukar Bhau Pansare and others. Bhagirath Condominium in Goregaon (E) Aug 29, 2012 IN THE HIGH COURT […]
Mobilisation of Funds and Restrictions on Borrowing by Societies in Jharkhand
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 […]
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 […]