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…
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…
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…
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…
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.…
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…
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…
Nescessity of M-20 Bond
By Legal Bureau The Managing Committee members must execute bond after their appointment within 15 days of their assuming the…
Formation of Co-operative Housing Society
By Adv. Vinod Sampat a) Formation of Co-operative Housing Society Practically every developer has to form a Co-operative Housing Society…