icon Act 47A

Why notice has been sent to me by government of act 47A? And how i can do in this ?


A. Dear Sir,
You have not mentioned the name of the Act. I presume it may be under Income Tax Act and it is as follows:
=================================================================
Section 47A in The Income- Tax Act, 1995
47A. 4 Withdrawal of exemption in certain cases Where at any time before the expiry of a period of eight years from the date of the transfer of a capital asset referred to in clause (iv) or, as the case may be, clause (v) of section 47,-
(i) such capital asset is converted ...ReadMore

Helpful
Helpful
Share
icon Property partition - My maternal uncle is having all property doc

My maternal uncle is having all property doc and now after expiry if grandpa 25 years back ,he is neither sharing document nor making the partition of lands . Need to know court process ,timeline ,co


A. Sir if the property is an ancestral property then you have the complete right to claim your rights in the property

Helpful
Helpful
Share
icon Farm related - Some land is my father

Some land is my father but my uncle is chitter he was chit my father and our land is buy other people I am going court but he was already buying our land


A. Immediately go to the Court and take injunction order and serve the copy of injunction on the prospective buyer and also sub-registrar office.

Helpful
Helpful
Share
icon Property Dispute - Fully purchased by Income of Husband in Spouse Name....

Husband purchased Residential House from his Income in the name of his Spouse for the family to live. But now Spouse claims it is her property because of her legal name in documents & forcing husband


A. Dear Sir,

The husband has to file suit for declaration saying that out of love and affection and out of emotions he got registration in the name of his wife. Simply because it is registered in her name it cannot become her property since she has not invested any amount in purchasing the said property.

Helpful
Helpful
Share
icon Original property document missing

I'm 72 years old, own a flat. This is 18yrs old property. I have misplaced the original registered document and it is lost. Will i be able to sell the property with 'Copy of documents'? If not help me


A. Sir since you have the photocopy of the documents, you still have the deed number so you can use it and get the copy of the original copy from the land registry office.

Helpful
Helpful
Share
icon Sale Deed Vs Sales Agreement - Which One is Valid ?

Dear Team, In 2019 i purchased my 1st Flat Via No Broker Team in Panvel - Navi Mumbai at INR 49 Lakhs via Bank Loan, I paid 20% Amount to the Flat Owner & then we completed the property registration


A. Dear Sir,
Always sale deed prevails over sale agreement. Sale Agreement will be matured into sale deed as such the value of sale agreement will be merged with concerned sale deed.

Helpful
Helpful
Share
icon Miscelleaneous Fines imposed by Resident welfare management on tenant

Can resident welfare association members impose miscelleaneous fines on tenant of the society? Also on what basis these fines can be imposed and to what amount.


A. Yes they can, but they have to give reasons and to what they're charging the miscellaneous fees, and if valid they have to show where all the expenses are going.

Helpful
Helpful
Share
icon Common Area (Corridor) issue

we stay in small apartment (8 flats, 4 floors), side by side flats. our neighbor has kept lot of plants in corridor area which is causing inconvenience to us as 6 feet corridor which is also pathway t


A. No sir, you cannot ask them to remove as such legally since it's a common area, but you can request them nicely to empty the space for your convenience

Helpful
Helpful
Share
icon Name correction on property documents

The name on my property documents is misspelt but i have corrected the property tax slip . Do i need the seller's sign ? And what if the seller is denying to sign ?


A. Sir, you need to get the name corrected on the sale.deed because if the sale deed is not corrected then will be a problem when they to sell the property

Helpful
Helpful
Share
icon my father bought a flat

my father bought a flat from a person in the year mid 1996 i have following documents sale agreement(notarised on 500rupee sp and signed before me) , power of attorney(50 rupee sp,notarised and attest


A. Sir, your father has done most of the part by following all the procedures and acting on them for the pre sale, but athe actual sale deed since it is not registered so your father has not made you the legal heir to the flat, wo you have to get it legally done now.

Helpful
Helpful
Share