Cheated by developer cannot be termed as civil dispute: Bombay HC

By Accommodation Times Bureau MUMBAI The Justice, S.J. Kathawalla of Bombay High Court on Friday said that the complaints filed by the members of the public alleging that they have been cheated by the developer cannot be termed as disputes of a civil nature. The Petition was filed by a co-operative Society whose building

Stamp duty charges on gifting of property.

By Accommodation Times Bureau   An amendment of Maharashtra stamp act, is regarding the stamp duty charges on gifting of property to legal heirs is Rs. 200. Under different sections the charges allotted on the stamp duty varies. As per Article 34 column 1, if the property is gifted to any person or in

Tax Deducted At Source (Tds) On Property Transactions

By Accommodation Times News Service By Rajkumar Adukia, LL.B Introduction “A tax is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority" and is any contribution imposed by government whether under the name of toll, tribute, impost, duty, custom, excise, subsidy, aid, supply, or other name.” (Black’s

Legality of Lease Hold Property Transactions

By Advocate S R Agarwal Accommodation Times News Services LEGALITY OF LEASE – HOLD PROPERTY TRANSACTIONS A person interested in the purchase of a flat or an apartment or any property needs to satisfy himself about the title of such property. In Maharashtra, a Promoter has to make full and true disclosure of the nature of his

Plan the Estate You want to Protect

Accommodation Times News Services By Payal Parikh, Partner, ANB Legal What is an estate plan? The primary goal of estate plan is to protect, preserve and manage one’s assets during and post one’s life. Harmonious and planned succession of estate helps to ensure that the money and assets go to the people one