By Legal Cell Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the scope of “income” in s. […]
Tag: Income Tax
Non-Occupancy charges received by Housing society not taxable
By Legal Cell Assessee has challenged the addition of Rs.30,914/- made by the Assessing Officer on account of non-occupancy charges […]
Consideration for permission to use TDR / FSI not chargeable to tax: ITAT Mumbai
By Legal Cell The assessee co-op housing society gave permission to a developer to construct 2 floors and 8 flats […]
Taxability of the transfer fees in Society
By Vimal Punmiya, Chartered Accountant The importance of society has been increased from last 25 years ever since there has been […]
No TDS is to be deducted on the amount reimbursed by the Developer to the Society
By Legal Cell TDS on receipt. Whether tax shall be deducted at Source (TDS) from Corpus Money, Allowances, Compensations, Reimbursement […]
Income Tax Provisions on Members of Society in Redevelopment
By Legal Bureau 1.As discussed, the capital gains on transfer of development rights to the developer arises : (a)to the […]
Taxation on Sale/ Surrender of Tenancy Rights in Residential Buildings in Maharashtra
By CA Vimal Punmiya Q.1. Is pagdi official now? Ans: Yes. The Maharashtra Rent Control Act,1999 has legalised the receiving […]
Non-occupancy charges received by Housing society not taxable
By Legal Cell Assessee has challenged the addition of Rs.30,914/- made by the Assessing Officer on account of non-occupancy charges […]
