Results for #mhada
Legal
#mhada#deceased
Hi Sir, I want to sublet a tenanted premise in MHADA, which is in my deceased father's name. Can you please guide me on how I can sublet the tenanted premise? Also, I want to know what are the rights of a Sublette.
Hi Sir, I want to sublet a tenanted premise in MHADA, which is in my deceased father's name. Can you please guide me on how I can sublet the tenanted premise? Also, I want to know what are the rights of a Sublette.
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Subletting of the premises in MHADA would depend on weather you are a tenant of MHADA or hold the premsies on ownership basis. If the premsies held on tenancy basis, then you will not be entitled to sublet the same without written consent of MHADA.
Taxes & Duties
#flat#mhada#mumbai#possession#expected
My wife won a flat in a lottery by MHADA in Mumbai. This was in 05/2012. The possession is expected to be given to us soon, 95% of the payment is done. My questions is that will the TDS @1% be applicable after the final payment or otherwise?
My wife won a flat in a lottery by MHADA in Mumbai. This was in 05/2012. The possession is expected to be given to us soon, 95% of the payment is done. My questions is that will the TDS @1% be applicable after the final payment or otherwise?
Answered on November 08, 2017
As per section 194IA of Income Tax Act, the transferee is required to deduct TDS @ 1% at the time of credit of sum to the account of the transferor or at the time of payment of such sum if the total consideration is 50 lakhs or above. The said section was introduced w.e.f 1st June, 2013. Accordingly any payment made by you on or after 1st June, 2013 and if your purchase consideration is more th...
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Purchase & Sales
#flat#mhada#loan#paid#payment
Our flat in MHADA is in my brother's name. We took out a loan together for this flat but I paid all the EMIs and the down payment. Now I wish to transfer the flat in my name. What is the procedure?
Our flat in MHADA is in my brother's name. We took out a loan together for this flat but I paid all the EMIs and the down payment. Now I wish to transfer the flat in my name. What is the procedure?
Answered on November 08, 2017
This can be done only if your brother agrees to transfer the same in your name. If he does, he can gift you the same using gift deed.
