There is no law in India that prohibits joint property ownership among siblings. As far as making the decision of purchasing a property with your brother, or sister is concerned, you are free to … READ FULL STORY
The Mumbai police have issued an advisory on March 8, 2023, to property owners renting their properties. As per the advisory, it is mandatory for property owners to submit details of the tenants on … READ FULL STORY
Many times, the value of an under-construction property changes between the time of signing the builder-buyer agreement and the time of sale deed registry. So, how does it affect buyers? Buyers will have … READ FULL STORY
A divorced Muslim woman in India is entitles to claim maintenance under Section 125 of the CrPC (Code of Criminal Procedure) for her entire life if she is not disqualified to do by entering … READ FULL STORY
What Is a Quasi Contract in Law? A quasi-contract refers to a retroactive arrangement between two parties, where there was no prior obligation contractual commitment between them. It can also be defined as the … READ FULL STORY
Joint owners of a property will be liable to pay equal amount of tax on the income made from house property if the registered sale deed does not clearly qualify their share in the … READ FULL STORY
The West Bengal government has extended the 2% stamp duty rebate on property purchases till September 30, 2023. Following an announcement made in the West Bengal State Budget 2023-24 presented on February 15, 2023, … READ FULL STORY
Property registration is the final process of establishing legal rights on the property, including land, apartments, buildings, and more. In India, regulations for this procedure are provided under the Registration Act of 1908, which … READ FULL STORY
The Madras High Court (HC) on February 14, 2023, declared invalid a newly inserted legal provision in registration rules that empowers sub-registrar’s in Tamil Nadu to refuse registration of deeds for mortgaged or attached … READ FULL STORY
Since the real estate law has been implemented in various states in India, close to one lakh projects and 71,514 agents have been registered to date while over 1 lakh cases of consumer disputes … READ FULL STORY
The Budget 2023-24 has extended the benefit of the standard deduction provided under Section 16 of the income tax act to the new tax regime also. “My proposal is for the salaried class and … READ FULL STORY
Established in January 1941, the Income Tax Appellate Tribunal is a quasi-judicial organisation that handles appeals involving the Direct Taxes Acts. The decisions made by the ITAT are final. The High Court may hear … READ FULL STORY
Builders can’t deny homebuyers refund for delayed projects citing payment defaults by the consumer, the Supreme Court has ruled. The apex court order comes as a major relief for harrowed homebuyers who often stop … READ FULL STORY
