Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Tapas Niyogi   19 August 2018

Non Occupancy Charges

apart from 10 per cent of maintenance charges for NOC, our society is also charging extra money as other income. They say it has been passed in AGM.
Is it acceptable!
Regards


Learning

 1 Replies

Kishor Mehta (CEO)     20 August 2018

Non-occupancy charges can be levied @10% of the maintenance charges excluding Municipal taxes. Any extra charges, even if passed at AGM, are illegal.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register