Category: Hsg Society
👍👍👍👍👍Co-Op society eligible for section 80P(2)(a)(i) deduction on compulsory investment with Central Co-op Bank
https://taxguru.in/income-tax/co-op-society-eligible-section-80p2ai-deduction-compulsory-investment-central-co-op-bank.html Clipped from: https://taxguru.in/income-tax/co-op-society-eligible-section-80p2ai-deduction-compulsory-investment-central-co-op-bank.html Kalika Parameswari Co-operative Society Ltd Vs ITO (ITAT Bangalore) Introduction: The case of Kalika Parameswari Co-operative Society Ltd vs. ITO, heard at the
👍👍👍👍👍Section 80P(2)(d) Deduction Eligible on Interest on Deposits with Co-Op Society
https://taxguru.in/income-tax/section-80p2d-deduction-eligible-interest-deposits-co-op-society.html Clipped from: https://taxguru.in/income-tax/section-80p2d-deduction-eligible-interest-deposits-co-op-society.html Balduhak Co-operative Agriculture Service Society Ltd. Vs ITO (ITAT Chandigarh) Introduction: The case of Balduhak Co-operative Agriculture Service Society Ltd. vs ITO (ITAT
👍👍👍👍👍Section 43B(h) of Income Tax Act, 1961 and MSMED Act, 2006
https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-msmed-act-2006.html Clipped from: https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-msmed-act-2006.html The government has brought in the amendment in Section 43B of Income Tax Act, 1961 and inserted a new clause (h) w.e.f.
👍👍👍👍👍GST on Contributions to Housing Societies
https://taxguru.in/goods-and-service-tax/gst-contributions-housing-societies.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-contributions-housing-societies.html Introduction The interpretation of Goods and Services Tax (GST) laws regarding contributions to housing societies has been a subject of debate and
👍👍👍Maintenance Charges collected by Residential Welfare Associations exceeding Rs.7,500 per month fully Taxable under GST at 18%: AAR
Clipped from: https://www.taxscan.in/maintenance-charges-collected-by-residential-welfare-associations-exceeding-rs-7500-per-month-fully-taxable-under-gst-at-18-aar-read-order/383512/ The West Bengal Authority for Advance Ruling ( AAR ), has made a clarification regarding the taxation of maintenance charges levied by Residential Welfare Associations
👍👍👍👍👍Contributions to Sinking Fund of Residential Welfare Associations by its members deemed Advance Payments for Future Services, liable to 18% GST: AAR
Clipped from: https://www.taxscan.in/contributions-to-sinking-fund-of-residential-welfare-associations-by-its-members-deemed-advance-payments-for-future-services-liable-to-18-gst-aar-read-order/383493/ The West Bengal Authority for Advance Ruling ( AAR ) has held that the contributions made by members to the sinking fund of
👍👍👍👍FIR registered against housing society’s chairman, secretary after retired IG’s son, grandson had a ‘narrow escape’ in a faulty elevator | Mumbai News – The Indian Express
Clipped from: https://indianexpress.com/article/cities/mumbai/fir-registered-against-housing-societys-chairman-secretary-after-retired-igs-son-grandson-had-a-narrow-escape-in-a-faulty-elevator-9208645/ As per the FIR, on Sunday afternoon, 67-year-old Shinde’s son Ajinkya, 37, and grandson Aryavrat, 3, were going out. They took a small
👍👍👍👍👍Deduction u/s 80 P of Income Tax Act does not apply to interest earned on FDRs from Bank of Baroda: ITAT
lipped from: https://www.taxscan.in/deduction-u-s-80-p-of-income-tax-act-does-not-apply-to-interest-earned-on-fdrs-from-bank-of-baroda-itat-read-order/372699/ The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that deduction under Section 80 P of the Income Tax Act, 1961
👍👍👍👍👍👍👍Interest Income received from Co-operative Banks cannot be equated with interest received from Co-operative Society: ITAT not allowed deduction u/s 80P (2) (d) of Income Tax Act
Clipped from: https://www.taxscan.in/interest-income-received-from-co-operative-banks-cannot-be-equated-with-interest-received-from-co-operative-society-itat-not-allowed-deduction-u-s-80p-2-d-of-income-tax-act-read-order/373691/ ITAT disallowed deduction under Section 80P (2)(d) of the Income Tax Act, 1961, stating that interest income received from cooperative banks cannot be
👍👍👍👍👍Interest Income Derived by Co-operative Society from any other Co-operative Bank allowable as Deduction u/s 80P(2)(d): ITAT
Clipped from: https://www.taxscan.in/interest-income-derived-by-co-operative-society-from-any-other-co-operative-bank-allowable-as-deduction-u-s-80p2d-itat-read-order/373308/ In a recent judgement, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that interest income derived by a co-operative
👍👍👍👍👍Denial of deduction claimed u/s 80P(2)(d) of IT Act regard to interest received from Co-Operative Banks /Scheduled Banks : ITAT Directs Readjudication
Clipped from: https://www.taxscan.in/denial-of-deduction-claimed-u-s-80p2d-of-it-act-regard-to-interest-received-from-co-operative-banks-scheduled-banks-itat-directs-re-adjudication-read-order/373205/ The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) directed re adjudication upon the denial of deduction claimed under Section 80(2)(d) of the
👍👍👍👍👍Tax Auditor-Recent Onerous Responsibility
https://taxguru.in/income-tax/tax-auditor-recent-onerous-responsibility.html Clipped from: https://taxguru.in/income-tax/tax-auditor-recent-onerous-responsibility.html Abhinarayan Mishra FCA, FCS, IP, RV 11 Mar 2024 60 Views 0 comment Print Income Tax | Articles The Central Board of Direct Tax, apex direct tax policy body
👍👍👍👍👍Why the secrecy around nomination? – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/why-the-secrecy-around-nomination/article67938860.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/why-the-secrecy-around-nomination/article67938860.ece Many investments do not reflect the name of the nominee on the document. Imagine the many situations that this can give rise
CCTV
Yes, a member of a housing society can ask for CCTV footage from the housing society committee for security reasons. The housing society committee has a
👍👍👍Senior citizens get bigger say in redevelopment projects | Mumbai News – The Indian Express
Clipped from: https://indianexpress.com/article/cities/mumbai/senior-citizens-get-bigger-say-in-redevelopment-projects-9197799/ The directives are to be followed by developers and Maharashtra Housing and Area Development Authority (MHADA) in redevelopment projects with regard to senior