Section 80EEA Deduction for additional Interest of Rs.1.50 Lakh on Loan on Affordable House Property (not on Commercial). New section 80EEA is inserted by Budget 2019-20 presented by Finance Minister in Parliament on 5th July 2019. Condition for availing Section 80EEA deduction Loan Sanctioned between 1.4.2019 to 31.3.2020 from financial institution /HFC Stamp Duty Value […]
Additional Disclosures on the Webpage on the website of Authority and Project Land Site; in addition to Section 4, 11, of the RERA Act and Rule 3, the promoter shall upload following details on his webpage on the website of the Authority;
Finance minister CA. Piyush Goyal on Friday presented Budget in Lok Sabha Based on speech of Hon’ble FM on 01.02.18, the following brief compilation; A. DIRECT TAX: (I) Individuals: Tax Slabs remain unchanged as below : Income up to Rs 2.5 lakh : NIL tax Income between Rs 2.5 – 5 lakh : Tax at 5% […]
E-WAY BILL [Chapter XVI, Rule-138 of CGST Rules, 2017, Notification No.12/2018–Central Tax dt.07.03.2018] E-Way Bill is the short form of Electronic Way Bill It is a unique document / bill, which is electronically generated for the specific consignment / movement of goods from one place to another, either inter-state (out of state) or intra-state (within […]
Real Estate (Regulation and Development) Act, 2016 and The Uttar Pradesh RERA Rules, 2016 UP RERA- Compliances- Quarterly Updates (Chapter III, Sec-11 (1), Rule-14(1)), (Chapter IV, Rule-14(1)(d) UPLOAD the following updates on Webpage for the project < 7 days (available only for 15 days) after each Quarter ending; (a) Details of registration granted by Authority (rule 14(1)(b)(i)(C) […]
DIFFICULTY IN ISSUE OF CA CERTIFICATE UNDER UP RERA [for the purpose of withdrawal of money from designated bank account of the project] As per the provision of The Real Estate (Regulation and Development) Act 2016 (RERA), As per section 4(2)(l)(D) of RERA Act; ‘seventy per cent. of the amounts realised for the real estate […]
RERA- Overview (Dates) Applicability – Whole of India except state of J & K RERA Bill- introduced in Raja Sabha in 2013 Raj Sabha Select committee-submitted its report in July 2015 Rajya Sabha- Passed on 10.03.2016 Lok Sabha- Passed on 15.03.2016 Hon’ble President- assented on 25.03.2016 [ ACT 16 of 2016]
