The Supreme Court on August 23, 2022, said the new benami property law is prospective in nature, and the 2016 amendment to the 1988 act cannot retroactively apply to the transactions between September 5, … READ FULL STORY
Non-residents living abroad have to appoint a representative who performs official tasks on their behalf. This whole process is formalised by drafting and executing of a power of attorney (PoA). The PoA is a … READ FULL STORY
A commencement certificate is a document from the local municipal authority that permits the developer to begin construction of the project. The commencement certificate (or CC) is usually granted, only after the developer has … READ FULL STORY
Due diligence and awareness of your rights can certainly protect you against unscrupulous practices by developers. In an industry that still lacks transparency, in spite of the many laws that have been put in … READ FULL STORY
To better collect taxes, the deduction of tax at source, also known as TDS, has proven to be a valuable tool. The stress of paying taxes and submitting income tax returns is lightened for … READ FULL STORY
The Supreme Court on July 27, 2022, upheld the validity of powers granted to the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), 2002. Stating that the PMLA law is not … READ FULL STORY
What is a Property card? A property card is a legal document that proves who owns a piece of property. Pune property card offers vital information about the property, such as the carpet area, … READ FULL STORY
More than a year after the central government circulated the Model Tenancy Act, only four states in the country have tweaked their existing rental laws to align them to the national law, the Rajya … READ FULL STORY
The union cabinet, on June 2, 2021, approved the draft model tenancy law, in a move that is likely to revive India’s rental housing market by effectuating a multitude of reforms. Let us scrutinise … READ FULL STORY
A thoroughly-drafted will gives you the power to divide your assets in the manner you like and would be implemented after your demise. However, even a small mistake while drafting this crucial legal document … READ FULL STORY
Immovable property can be transferred from one person to another in India with the help of five legal instruments, under the provisions of the Transfer of Property Act. This guide will help you understand … READ FULL STORY
Assets of a person pass on through two ways after his death. The first way under which this can happen, is through a Will. A Will refers to a legal document that states that … READ FULL STORY
Transfer of property by way of gift If you wish to transfer a property, so as to make the donee enjoy the property immediately, this can be done by way of a gift. You … READ FULL STORY
