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Business in India Legal Article Real Estate Help

Property News #31: Property tax for hosting mobile phone towers, Inform on BRS application, Urban housing scheme

Chennai: Property tax for hosting mobile phone towers not collected since 2009 In tax revenue, the Greater Chennai Corporation has lost crores of rupees because since 2009 it has not received an annual tax of Rs 30,000 from property owners hosting cell phone towers. There were around 1,500 such towers in the city when the […]

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Business in India Legal Article Real Estate Help

Property News #28: Property tax settlement, Layout regularization scheme, Supertech Basera buyers protest

Property tax settlement scheme nets Hyderabad civic body increased revenue During the Covid-19 pandemic, several ways of producing an immediate income have been developed by Greater Hyderabad Municipal Corporation (GHMC). GHMC was able to generate Rs 248 crores in two months (August 1 to October 31) under the one-time amnesty regime which provides discounts for […]

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Legal Article Real Estate Help

Note on Section 14 of Delhi Rent Control Act

Safeguards to Tenant Under S. 14(1) (c) # Purpose for letting (i) residence, (ii) commercial, or (iii) any other purpose -> must be proved by landlord [I.D.Malik v Duli Chand 1968 RCJ 187] #Initial Purpose to run grocery shop, later running book-shop – > no ground for eviction [Rattan Lal v Asha Rani JT 1988 […]

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Legal Article Real Estate Help

Tax Clarifications For Your Multiple House Property Investments

Tax Clarifications For Your Multiple House Property Investments

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Business in India Legal Article

Stamp Paper Validity

The basic purpose of Indian Stamp Act, 1899 is to raise revenue to Government. However, over a period of time, the stamped document has obtained so much value that a ‘stamped document’ is considered much more authentic and reliable than an un-stamped document. Power of Parliament in respect of stamp duty – Parliament can make […]