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Anonymous

Posted 4 days ago

I WANT TO PURCHASE A FLAT BUT HAVE ONLY 25 PERCENT REGISTRATION MONEY WITH ME. IS THERE ANY SYSTEM OF PART PAYMENT OR INSTALMENT PAYMENT OF REGISTRATION CHARGES.

A. Dear Sir,
You may approach private financiers or banks.

Please call me and take PAID legal consultancy on my mobile through the administrators of this website.
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Person A bought a flat from XYZ builder (apartments from gated community) as an investment before 2014 (only partial amount paid)but got this registered with sub registrar only in sept 2018. As per builder, construction completed in June 2014. Person A didn't register property with Chennai corporation for property tax. Person A sold this property to Person B. Person B got it registered in his/her name in Sept 2018. When Person B went to register this property with Chennai Corporation for property tax, it is noticed that dues are pending from June 2014. Who is liable to pay property tax from June 2014 to Sept 2018. Person A or Person B?
Dear sir, I have retired on august2019.I have accumulated debt of 1.8million(in indian currency) from relatives and other informal sources in last 10 years.Now finally i can pay everyone back from my govt. retirement corpus of 5.7 million. But my Bank has put on lien/hold all my 5.7 million funds the day i received them in my account stating a housing loan tax liability of 30k.Please advise me were the bank's actions totally justified right and if i have any legal options as i have no funds left to repay my tax.

A. Dear Sir/Madam
You may get issue legal notice and then approach either civil court or High court as per your source of income
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I have a shop of about 700 square feet in C Ward Mumbai.Mcgm is demanding Rs 195000 as yearly tax which I think is exhorbitant please advise approximate tax payable

A. Contact a local lawyer of Mumbai.
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Hiraman Gangoda

Posted 6 months ago

I am purchasing old bunglow. Where two bunglow in combine plot. I am purchasing 1/3... so on sepration deed stamp will be on minor property or major kindly give advice

A. Dear Sir,
Stamp duty will be on the property which you purchase that 1/3 rd area only
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dear sir i took property long back and i dont have purchase agreement from owner after that taken i have applied power facilty and water facility on my sisters names. now am facing issues my sister saying entire property her only and she created oral gift deed notary from my mom recently .. and now my mother expired .. even she submitted notary in ghmc for property tax they accepted and she paid for 2 years tax on her name .than i approach ghmc and given complaint againest her to and cancell tax as per my request the ghmc was cancelled the tax assesment on her name due to shes also not a valid owner. now the concern is i want to apply electricity connection on my name the the powerbill departmnet not giving saying NOC has to submit my sister or else i have to provide ownership ..anyways NOC my sister not giving i am staying in same position since 20 yrs .. please suggest what can i do for best for taking the power meter and how can i pay taax on my name please suggest alternate

A. Dear Sir,
You have to file a suit for declaration and it will decreed after some resistance from the side of your sister.

For full procedure contact me on mobile through Vidhikarya.
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Anonymous

Posted 9 months ago

dear sir i took property long back and i dont have purchase agreement from owner after that taken i have applied power facilty and water facility on my sisters names. now am facing issues my sister saying entire property her only and she created oral gift deed notary from my mom recently .. and now my mother expired .. even she submitted notary in ghmc for property tax they accepted and she paid for 2 years tax on her name .than i approach ghmc and given complaint againest her to and cancell tax as per my request the ghmc was cancelled the tax assesment on her name due to shes also not a valid owner. now the concern is i want to apply electricity connection on my name the the powerbill departmnet not giving saying NOC has to submit my sister or else i have to provide ownership ..anyways NOC my sister not giving i am staying in same position since 20 yrs .. please suggest what can i do for best for taking the power meter and how can i pay taax on my name please suggest alternate

A. YOU WILL FILE ADVERSE POSSESSION AND DECLARATION OF PROPERTY SUIT FILE AND PERPETUAL INJUNCTION NOT TO DISPOSES IN THE PROPERTY .

NOW LETS ME FULL PROCEDURE CONT ME
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Kishan Dutt Kalaskar Retired Judge
Kishan Dutt Kalaskar Retired Judge Experience: 34 Year(s) Bangalore
Mohd  Abitasham
Mohd Abitasham Experience: 7 Year(s) Roorkee
Dadasaheb  Lande
Dadasaheb Lande Experience: 17 Year(s) Pune
Q1. MMRDA OR SRA building 10 year tax is free any government policy available. I got my allotment in 2009 but society registered in 2019. Q2. Not all members ready to pay assement tax but i am ready to pay when i talk to assement tax officer i told them sepreate my account he said it is not possible. If i pay the amount it will be go society's account not on my name what to do now

A. Dear Sir,
You may file a representation accordingly then approach High Court which will issue suitable directions to the concerned.

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Anonymous

Posted 11 months ago

There is one property which were divided into three portions , one portion is of My wife and his brother, this portion they got after the death of her mother around 5 years back , her mother get this property from her mother in law so many years back . Now the property was sold last year and sell money were devided in to three owners . To sell the portion alloted to my wife and his brother, My wife gave power of attorney to his brother to sell and use the money recive, however the money received(1/3 of total property sell amount) to my wife and his brother in equal amount in there respective bank accounts , my wife transfered that amount to his brother's bank account as she dont want any money from this property(she already gave power of attorney to his brother to sell and use the money received) .HIs brother purchased a new house from this money. Now i want to know is there any capital gain tax need to pay by my wife and if yest how to calculate the tax amount.

A. Dear Sir,
Get a document from the brother of your wife having received such amount as gift and keep quiet. If any issue arise then only reply to the IT authorities. Nothing to be paid by your wife.
For full procedure contact me on mobile through Vidhikarya.
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Anonymous

Posted 1 year ago

My father had purchased a property in 1970 which is in my name since last ten years. This year I demolished the house which was built on it at the time of purchase by my father and got a new plan passed by the municipal corporation and constructed new semi constructed building on it. Now I want to sell a part of it. Now my question is whether it will attract long term capital gain as my father had bought it in 1970 and it is in my name since last ten years or short term capital gain since I have constructed a new structure on it by demolishing the original structure and it has just been 11 months since i started the new construction

A. Dear Client,
You need to have a look to the following:
Capital gain is a rise in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes.
If you sell property that is not your main home (including a second home) that you've held for at least a year, you must pay tax on any ...ReadMore
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Deepak Yashwantrao Bade
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