Results for #liable

facebook twitter linkdin

display picture
Answered on November 09, 2017
  • share
  • Yes, all common expenses have to be borne proportionately between all the members of the society

    facebook twitter linkdin

    display picture
    Answered on November 09, 2017
  • share
  • In Maharashtra, VAT on sale of underconstructed property brought into effect from June 2006. Hence, builder would be liable to pay VAT on agreement to sale effected in June 2008. There are various methods for arriving at the taxable value of transfer of property in goods during construction. Libality to pay VAT by flat buyer to the builder would be dependent on the contractual arrangement betw...
    (View more)


    facebook twitter linkdin

    display picture
    Answered on November 09, 2017
  • share
  • If the flat has been sold to someone before you vide a registered agreement then such person would have a prior claim on the flat then you and you would be entitled to claim refund and damages from the developer.

    facebook twitter linkdin

    display picture
    Answered on November 09, 2017
  • share
  • In Maharashtra, VAT on sale of underconstructed property brought into effect from June 2006. Hence, builder would be liable to pay VAT on agreement to sale effected in Nov 2009. There are various methods for arriving at the taxable value of transfer of property in goods during construction. Liability to pay VAT by flat buyer to the builder would be dependent on the contractual arrangement betw...
    (View more)

    facebook twitter linkdin

    display picture
    Answered on November 09, 2017
  • share
  • In order to save tax on capital gains arising out of sale of residential flat, expemtion can be claimed under section 54 of Income Tax Act i.e selling of one residential property and buying another residential property within the time limit specified under section 54 of the Income Tax Act. The new residential property so purchased should be held by you for subsequent period of 3 years. In case ...
    (View more)