Applicability of Chapter XXC of Income Tax to Housing Society, Additional FSI & TDR
By Vimal C. Punmiya, Chartered Accountant 1. Before delving into the applicability of provisions of…
Tag: Income Tax
No Capital Gain Tax On Society Redevelopment
By Legal Bureau Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the…
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…
No Capital Gain Tax On Housing Society Redevelopment
By Legal Bureau Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the…
Consideration for permission to use TDR / FSI not chargeable to tax: ITAT Mumbai
By Legal Bureau The assessee co-op housing society gave permission to a developer to construct…
Taxability of the transfer fees in Society
By Vimal Punmiya, Chartered Accountant The importance of society has been increased from last 25 years…
No TDS is to be deducted on the amount reimbursed by the Developer to the Society
By Legal Bureau TDS on receipt. Whether tax shall be deducted at Source (TDS) from…
Income Tax Provisions on Members of Society in Redevelopment
By Legal Bureau 1.As discussed, the capital gains on transfer of development rights to the…
Taxation on Sale/ Surrender of Tenancy Rights in Residential Buildings in Maharashtra
By Vimal Punmiya Q.1. Is pagdi official now? Ans: Yes. The Maharashtra Rent Control Act,1999…
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…