May 23, 203: Money received from the sale of agricultural land can’t be treated as capital gains, the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled recently. If an agricultural operation … READ FULL STORY
IT is a well-known fact that investment in agricultural property is a safe option for parking one’s funds as the return on investment is usually higher than other investments and also lends safety to … READ FULL STORY
May 18, 2023: State can acquire land using means other than the recognised mediums of ownership transfer, the Punjab & Haryana High Court (HC) has ruled. It, however, said that such cases were required … READ FULL STORY
A Malmatta Patrak, also known as a property card, is a document that identifies the owner of real estate in metropolitan areas and is issued by the local government in Maharashtra. The property card … READ FULL STORY
Hindu Undivided Family (HUF) is a term one hears all the time in legal-financial contexts. Even though you may have some idea of what it means, chances are several complex legal points may have … READ FULL STORY
Nirmal Lifestyle promoters Dharmesh Jain and Rajiv Jain were produced before the Esplanade metropolitan court on May 3, 2023. They were denied bail and remanded to judicial custody till May 16, 2023. In their … READ FULL STORY
A commencement certificate (CC) is a legal document that every developer has to obtain before starting construction of their real estate project. The CC is issued by the local body, which is responsible for … READ FULL STORY
The need for residential rental homes is also on the rise. Therefore, it is necessary to do a criminal background check on prospective renters. Delhi Police tenant verification Landowners have an absolute duty to … READ FULL STORY
The real estate sector in India is regulated under the Real Estate (Regulation and Development) Act 2016, with all sections of the act effective from May 1, 2017. The Himachal Pradesh RERA rules or … READ FULL STORY
AP RERA: Quarterly updates 2023 All the promoters have to submit the quarterly updates of January 2023 – March 2023 on or before April 22, 2023. Failure to do so will invite penalty from … READ FULL STORY
An unregistered relinquishment deed for inherited property is not admissible as evidence in court, the Nagpur Bench of the Bombay High Court (HC) has ruled “As such, relinquishment deed requires to be registered otherwise … READ FULL STORY
Succession rights of majority of people in India are regulated under the provisions of the Hindu Succession Act, 2005. This makes it imperative for all property owners to know the key provisions of this … READ FULL STORY
A widow is not liable to provide maintenance to her in-laws under Section 125 of the CrPC (Code of Criminal Procedure). While setting aside a trial court order in the Shobha versus Kishnarao and … READ FULL STORY
