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.…
Society Redevelopment is Not Transfer in society’s hands
By Legal Bureau Raj Ratan Palace Co-op Hsg Soc vs. DCIT (ITAT Mumbai)- The assessee-society had merely given permission to…
Transfer fees paid above Rs.25 k is not refundable
By Legal Bureau In a land mark judgment Bombay High Court had said that you cannot ask for a refund…
Majority Wins in societies: Bombay High Court
By Legal Bureau Recent judgment of Bombay High Court on minority’s objection in the redevelopment of society gave a short…
Can flats in society be attached?
By S.R. Agarwal In the state of Maharashtra, sale and purchase of flats, on ownership basis, is regulated by the…