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129 Answered
It is not mandatory to give shifting charges but normal practice is to give one time brokerage and shifting charge.
I own a piece of land in Thane jointly with my three brothers. Now we have approached a builder to build a residential property on that land. We have received two offers from the builder. One, he will pay us 40-60 lakhs and 4 2BHK flats. Two he will give us a lumpsum amount of 2.5 crores. Will the proceeds from this development be taxable, and if so what will be the tax rate in each scenario?
I won a flat that I purchased in 2010 and got the possession by the end of the year. I paid the 1% service tax on the flat at the time of the payment, but I did not pay any service tax as there was a case that was going on, about the percentage of the service tax on homes. Am I liable to pay this tax? If yes, how much ?
I wish to register a gift deed but don't know the charges, does anyone know what the charges are?
I have been staying in a flat in Chennai for the past 10 years. For the first 3 years, there was a proper written rental agreement and post that, it has only been done verbally on mutual consent. Now, as I have heard from various sources, the owner has a tendency to deduct the deposit amount using some baseless reason and give it to the tenants when they are planning to vacate. Is there any legal procedure through which I can get back my complete security deposit?
Our society will soon be undergoing redevelopment, for which we have appointed a developer. Society needs to conduct an EGM in order to bring forward the essential updates in front of the society members. I have been sending written letter to the Chairman of our society requesting him to conduct the EGM meeting at the earliest. Even after sending him 3 letter dated 8.12.2012, 15.12.2012 and 22.12.2012 he has not conducted the meeting yet. We have decided to write to the registrar regarding the same. Kindly advice the course of action for the same.
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