Chintan
23 October 2012 at 09:31
Dear all,
I am new to service tax. I am working with an University. Kindly help me whether the RCM is applicable to us or not. if yes kindly help me with the procedure to comply with statutory requirement as per law.
Thanks
Chintan
sasertin
22 October 2012 at 12:59
I want to sell a piece of land/gift which i had bought .pls advise on correct procedure as per law,....
GLEN FERNANDES
22 October 2012 at 11:49
Dear Sir, Our society is in the process of Redevelopment. As per the Directive under Section 79(A) of the Maharashtra Co operative societies Act ,1960 for the selection of the final expert and experienced Architect /Project Management Consultant out of the five PMC a Special General Body Meeting is to be held. The Quorum required is ¾ of the total members of the society. If the Quorum is not formed the meeting will be adjourned for eight days. In our society , Special General Body Meeting was held ,and out of 107 total members only 74 members attended and for a Quorum 84 members were required. Upon objecting the same by some of the members, to which the Secretary said that we are within the rules. Further on interrogating, Secretary said that they have the consent letters of some of the absent members to carry on with the Special General Body Meeting and all decisions made in the meeting will be accepted by the absentees. This statement made by the secretary was been fabricated at the last minute to cover the facts. Later we carried on with our Special General Body Meeting and a Final PMC was selected. My question to you is
1. Is the consent letters of some of the absent members valid?
2. Should the Final selected PMC be taken into consideration or not?
Pramod Harkisondas Divecha
20 October 2012 at 16:46
Hello,
Can any one please tell me how VAT liability for the Flat Purchser is worked out/calculated/computed? Form the information I have collected from the bulder MVAT liability for the building as a whole appears to be Rs. 12.00 lakhs. But a stiff and huge demand going beyond Rs. 1.20 lacs has been raised on me. Please let me know the formula/methods of calculation so that I can take appropriate decision.
Thanks,
PHD.
Mohammed Rizwan Shaikh
19 October 2012 at 22:09
Hello Experts,
On a large piece of land, 24 buildings were constructed and formed societies. Our building is one of them, which is in a very dilapidated condition as its been more than 30 years and its on an undivided land.
Conveyance has not been done and as of now its under process. We have been informed that our land comes under CRZ II. When we approached MCGM for the redevelopment of our building, they are asking for the complete layout of the building. Few days back, builder approached us for the Consent and he is interested in 5 buildings Re-development. We very well know that tenants may create problem and stop the re-development process.
My question is
1) How can we Sub-Divide the plot?
2) Can we approach the Court with the photographs of our dilapidated building, for the sub-division of the land, so that we can start our own buildings redevelopment?
I am desperately seeking your advice on this as we really need to find a way out.
Regards,
Rizwan Shaikh
Ganesh
19 October 2012 at 15:19
Hi , Have bought underconstruction flat from my exowner.Exowner sold 80% completed flat to me, now builder is asking VAT & Service tax... my query is that who will pay VAT & Service tax here as i purchased as resale under construction.
And if exowner suppose to pay then on which agrrement value.
Builder sold at agrrement value 597000/- to exowner and exowner sold to me at agrrement value 1111000/-.
Appreciate your response.
NELSON FERNANDES
19 October 2012 at 12:59
Dear Sir,
I had given letter to the office of my HSG SOC for rectification in the AGM Minutes circulate without proper approval.
They have not given any acknowledgment, rather refused.
In case they dont rectify the AGM Minutes, what course of action I can take.
Thanks & Regards
NELSON FERNANDES
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Vat on property
If an agreement of a flat was done in the year 2005 and if the final installment of the purchased flat was paid in the year 2007,would VAT be applicable on that flat?