TDS on sale of property under Section 194IA
Under Section 194-IA of the income tax law, property buyers in India are obliged to deduct tax at source (TDS) if the property value is more than Rs 50 lakh. On property deals worth … READ FULL STORY
Under Section 194-IA of the income tax law, property buyers in India are obliged to deduct tax at source (TDS) if the property value is more than Rs 50 lakh. On property deals worth … READ FULL STORY
In a growing real estate market, under-construction properties present excellent investment opportunities for several buyers and investors looking for higher returns. Obtaining property ownership involves several legal procedures, which must be duly completed. Property … READ FULL STORY
Those entering the real estate market would invariably hear about the term circle rate and its various other synonyms since real estate purchase transactions are based on this value. In this article we would … READ FULL STORY
Construction quality and structural safety of a property are among the main concerns for many property buyers. A Structural Stability Certificate is one of the important property-related documents required during the purchase, sale and … READ FULL STORY
A registered release deed is an important document that plays an important role in the distribution of shares in an ancestral property. In India, the concept of ancestral property holds great significance, and there … READ FULL STORY
Adverse possession can’t be a ground to claim title of government land, the Supreme Court (SC) has ruled. For the uninitiated, adverse possession is a situation in which the actual owner of a property loses … READ FULL STORY
An ancestral property is that which an owner receives through succession from his family. In case of Hindus, a property’s property inherited from their father, their grand-father and their great grandfather qualifies as an … READ FULL STORY
Due to a variety of reasons, a buyer may not be able to complete a property sale transaction and may have to cancel the sale deal at the last moment. However, can the seller … READ FULL STORY
A person claiming adverse possession of a property must know its actual owner, the Supreme Court has ruled. For the uninitiated, adverse possession is a situation in which the actual owner of a property loses their … READ FULL STORY
When planning a trip, the foremost thing people think about is suitable accommodation, with the popular choices being a hotel, a hostel or a homestay. According to the latest trends in the hospitality industry … READ FULL STORY
A will is a legal document by which a person can state how they want their properties and assets to be distributed after their death. Writing a will is beneficial as it helps protect … READ FULL STORY
A legal heir certificate is an important legal document that establishes the relationship between a deceased person and their legal heirs. The legal heirs must submit an application for the legal heir certificate to … READ FULL STORY
After changes were made in the Hindu Succession Act in 2005, daughters in India have been given equal rights in ancestral property of their parents along with the sons. With the amendment, daughters were … READ FULL STORY