Builders can not sell stilt parking areas – Supreme Court
By Accommodation Times News Services Though the news is old but in a case of an argument of a real estate development company that they are entitled to sell garages or stilt parking areas as separate...
View ArticleFAQs on Sale of flat in Co.op.Hsg.Society in Maharashtra
By Accommodation Times News Services Q.1. For sale of shares and flat in a Co-operative Housing Society, is it necessary to enter into any written Agreement by and between a member and the intending...
View ArticleAppointment of Auditors of Co-operative Societies
By Accommodation Times News Services According to the section 81(1) as it stood prior to amendment of 1985, the Registrar of Co-operative Societies had the power of appointing the auditors for the...
View ArticlePolicy of allotment of parking spaces and suits
By Accommodation Times News Services What Society Bye-law says . 79.(a) Member may hold Parking Space/stilt if he has purchased the same and he shall have a right to sell the same to transferee or...
View ArticleConsideration for permission to use TDR / FSI not chargeable to tax: ITAT Mumbai
By Accommodation Times News Services The assessee co-op housing society gave permission to a developer to construct 2 floors and 8 flats on the building belonging to the society by using the TDR / FSI...
View ArticleMeetings and Minutes writting in CHS
By Accommodation Times News Services MEETINGS & MINUTES WRITING OF CO-OPERATIVE HOUSING SOCIETIES A) FIRST GENERAL MEETING 1. The first general meeting of the promoters who have signed the...
View ArticleNo Capital Gain Tax On Housing Society Redevelopment
By Accommodation Times News Services Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the scope of “income” in s. 2(24) is very wide, a capital receipt is not chargeable to tax as income...
View ArticleCondominium V/s Society
By Accommodation Times News Services The concept of condominium is gaining ground in Mumbai, thanks to the over complicated working and administration of co-operative housing societies. Majority of...
View ArticleLevy of Charges in Housing Societies
By Accommodation Times News Services The contribution to be collected from the members of the society towards outgoing and establishment of its funds, referred to in this bye-laws as ‘the charges’ may...
View ArticleOne Flat, One Vote For Cooperative Housing Societies: Supreme Court
B y Accommodation Times News Services Can the bye-laws of a co-operative housing society curtail the voting rights of different members of a holding separate flats in the building? No, says the supreme...
View ArticlePowers and Duties of Associate Member in Housing Society
By Accommodation Times News Services By Aadvocate Vinod Sampat 1. Of late, the Federation has been receiving a number of enquiries from co-operative housing societies, seeking clarification, whether...
View ArticleSociety has to pay for seeping terrace to flat owner: DCDRF
By Accommodation Times News Services Now flat owners could take sigh of relief as an Andheri (E) society has got an order from District Consumer Disputes Redressal Forum (DCDRF) to pay Rs. 3.35L to its...
View ArticleWhen your Housing Society’s Managing Committee does not give you documents,...
By Accommodation Times News Services By J B Patel Quite often, the managing committee of your co-operative housing society refuses to give you crucial documents or information. This happens when you...
View ArticleNon-Occupancy charges received by Housing society not taxable
By Accommodation Times News Services Assessee has challenged the addition of Rs.30,914/- made by the Assessing Officer on account of non-occupancy charges as income from the business not covered under...
View ArticleObstructing Redevelopment Comes with a Cost
Accommodation Times News Services By Mr. Avikshit Moral and Ms. Almitra Gupta, Juris Corp Land in Mumbai is one of the scarcestresources today. This is one of the reasons why the city is growing...
View ArticleExpenses for the lift has to be shared by all the members of Housing Society
By Accommodation Times News Services Mr. S.B.Bhinde a shopkeeper and full fledged member of Housing Co-operative Society has written to me to know whether a society can now all of a sudden recover lift...
View ArticleSocieties cannot charge bills on flat size
By Accommodation Times News Services The new guideline of BMC which includes Flower Beds, Lift wells etc in carpet area will not effect the society bills. By Staff Reporter The maintenance bills by...
View ArticleNo Capital Gain Tax On Society Redevelopment
By Accommodation Times News Services Kushal K. Bangia vs. ITO (ITAT Mumbai) – In principle, though the scope of “income” in s. 2(24) is very wide, a capital receipt is not chargeable to tax as income...
View ArticleWhat are the powers , duties and functions of managing committee in housing...
By Accommodation Times News Services Subject to the directions given or regulation made in the meeting of the General Body of the society, the committee shall exercise all powers expressly conferred on...
View ArticleResidential Property Registration Process
Accommodation Times News Services By Advocate Vijay Singh As per the Law, one cannot own a property if he has not registered under section 49 of the Indian Registration Act, 1908. A certificate of...
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