Properties for sale in Cooperative Housing Society

What is the maximum amount that housing societies can levy, as transfer charges on the sale/purchase of a property? We look at a few verdicts of the Bombay HC, to answer this question

Cooperative housing societies also fall under the ambit of income tax laws. We look at the tax rates, benefits available, procedure for filing returns and deduction of TDS that are applicable on housing societies

We look at how the introduction of the Goods and Services Tax, which replaced the erstwhile service tax regime, has changed the tax implications for maintenance charges levied by housing societies

The sub-registrar of societies in Vasai division has served notices to 19 cooperative housing societies, for allegedly not admitting non-Catholics as their members or allowing them to buy flats

A person cannot feed birds from a flat’s balcony, creating nuisance due to droppings and filth for other occupants in a residential society, the Supreme Court has said

The Supreme Court has upheld the principle of mutuality, which states that a person cannot make profit from himself. We look at how this ruling will affect the levy of tax on receipts, such as non-occupancy charges, transfer fees, service charges, common amenity funds, etc

In a new initiative, a number of cooperative housing societies in Mumbai have taken it upon themselves, to redevelop their apartments, with the Mumbai District Central Cooperative Bank also encouraging the initiative, by extending loans for the task

The Maharashtra government has simplified the norms for sale or transfer of flats in housing societies built on government-allotted land

The Bombay High Court has opined that bureaucrats and judicial officers, who have at least one property in Maharashtra, should not be allotted another one under any government scheme