maharashtra ownership of flats act
How to Calculate Maintenance Charge of flats in Maharashtra?
Maintenance charges or service charges are levied by all cooperative housing societies to cater for expenses incurred. The basis on which the society charges will be shared by each apartment unit is decided by the Cooperative Housing Society. As per the model bye-laws of the Maharashtra Ownership of Flats Act (MOFA), each housing society must […]
Mumbai: Flat Buyers Need Not Pay Service Tax On Maintenance Charge
As a fresh breath for flat buyers in Mumbai, they will be spared from paying service tax on the one-time maintenance charge (maintenance deposit) which is paid to the developers at the time of booking the flat. This conclusion was arrived at by the customs, excise and service tax appellate tribunal. The order was passed […]
