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Category: Must Knows

Home » Must Knows » Page 106

Legal
By Sunita MishraJune 7, 2023

Can you claim HRA tax exemption for rent paid to spouse?

You can lower your income tax liability by claiming exemption on the house rent allowance (HRA) you receive as part of your salary even if you pay rent to your spouse. In fact, The … READ FULL STORY

Infrastructure
By Housing News DeskJune 7, 2023

NH57 route Balangir and Khordha in Odisha

The National Highway 57 (NH57), previously known as the NH224, is a national highway in Odisha. The highway links Balangir and Khordha, two major districts in the state. The total length of the NH57 … READ FULL STORY

Legal
By Housing News DeskJune 7, 2023

Rohan Lifespaces’ chairman granted bail in 280-cr fraud case

June 7,2023: Mumbai-based developer and chairman of Rohan Lifespaces Harresh Mehta was granted bail by a special Central Bureau of Investigation (CBI) sessions court of Thane on June 5, 2023, on a personal bond, … READ FULL STORY

Current News
By Housing News DeskJune 6, 2023

Sinnar-Shirdi section of NH-160 being turned into 4-lane highway: Gadkari

June 6, 2023: Road transport and highways minister Nitin Gadkari said today the government was turning the Sinnar-Shirdi section of the National Highway-160 into a four-lane highway. This includes the construction of the Sinnar Bypass in … READ FULL STORY

Current News
By Anuradha RamamirthamJune 6, 2023

How to remove promoter/project name from MahaRERA NCLT list?

June 6, 2023: The National Company Law Tribunal (NCLT) list prepared by MahaRERA is updated frequently.  As per an advisory issued by MahaRERA, the names of promoter and their projects shall be deleted from … READ FULL STORY

Current News
By Anuradha RamamirthamJune 6, 2023

SC directs SME lobby to pay NMMC property tax arrears

June 6,2023: As per a Newsband report, following the apex court’s order, the NMMC has started the process of issuing notices to 424 small entrepreneurs to pay property tax . According to Sujata Dhole, … READ FULL STORY

Must Knows
By Sunita MishraJune 5, 2023

Transfer of Property Act, 1882

In this article, we discuss the Transfer of Property Act (ToPA), which primarily sets the path for property transfer from one owner to another in India.   What is Transfer of Property Act? Under … READ FULL STORY

Legal
By Sunita MishraJuly 7, 2023

Photocopy of sale deed can’t be accepted as surety: Allahabad HC

June 5, 2023: The photocopy of a sale deed is not admissible as surety under Section 17 of the Provincial Small Causes Court Act, 1887, the Allahabad High Court has ruled. Section 17 of … READ FULL STORY

Legal
By Anuradha RamamirthamAugust 1, 2024

Agreement for sale or final payment: What constitutes transfer of property?

For the sale of an immovable property, generally two types of agreements are made:  an agreement for sale and a sale deed or sale agreement. The agreement for sale is required to be stamped … READ FULL STORY

Legal
By Sunita MishraJune 5, 2023

How to cancel power of attorney?

A power of attorney (PoA) is a legal authorisation that gives a person the power to act on behalf of another person. This could be a power of attorney for property or for matters … READ FULL STORY

City Transport
By Housing News DeskJune 5, 2023

Delhi Metro completes structural work on stretch of Phase-4 corridor

June 5, 2023: The Delhi Metro Rail Corporation (DMRC) has successfully completed the structural work of four kilometre of (km) viaduct, starting from Majlis Park to Mukarba Chowk, connecting Majlis Park and Bhalaswa Metro … READ FULL STORY

Taxation
By Housing News DeskJune 5, 2023

194H of Income Tax Act: TDS on brokerages and commissions

Are individuals required to pay taxes on commissions and brokerages? The answer is yes. You must pay taxes on brokerages and commissions, in accordance with Section 194H of Income Tax Act of India. In … READ FULL STORY

Current News
By Harini BalasubramanianJune 2, 2023

ITR filing for FY2022-23: Common mistakes taxpayers should avoid

As the deadline to file income tax returns (ITR) for FY 2022-23, which is July 31, 2023, is nearing, most individual taxpayers are busy filing their tax returns online. The ITR filing process has … READ FULL STORY

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