IT IS RELIABLY LEARNT THAT THE REGISTRATION OF (ILLEGAL/IRREGULAR/UNAUTHORISED) SITES/PROPERTIES HAVE BEEN COMPLETELY STOPPED IN KARNATAKA. THE GENUINE GRAMATHANA SITES AND APPROVED LAYOUTS/SITES/PROPERTIES WITH GENUINE NEW FORM NO.9 AND FORM NO.11(E-KATHA) CAN BE REGISTERED.KATHA TRANSFER FOR ILLEGAL/IRREGULAR AND UNAUTHORISED SITES/PROPERTIES/LAYOUTS MIGHT NOT BE POSSIBLE.
We offer our heartfelt Condolences to the families of our naval officers Lieutenant Commander Kapish Muwal and Lieutenant Manoranjan Kumar, who are no more with us.Two naval officers Lieutenant Commander Kapish Muwal, 32, and Lieutenant Manoranjan Kumar, 30, were found dead, whose bodies were found inside the submarine INS Sindhuratna on Thursday, it is said … Continue reading WE GRIEVE THE SUDDEN DEMISE OF OUR NAVAL OFFICERS
THE WORKS OF DEFENCE ACT, 1903 1* ACT NO. 7 OF 1903 [20th March, 1903.] An Act to provide for imposing restrictions upon the use and enjoyment of land in the vicinity of works of defence in order that such land may be kept free from buildings and other obstructions, and for determining the … Continue reading SECTION 3 OFTHE WORKS OF DEFENCE ACT, 1903 1* ACT NO. 7 OF 1903 [20th March, 1903.] MAY COME TO THE RESCUE OF THE DEFENSE LAB
P`s `SEASONS` MAY BE AT ITS `WITS` DEAD END SOON, AS THE PROPERTY ON WHICH THIS PROJECT IS COMING UP IN `THE LAND`, WHERE THE ACQUISITION WAS QUASHED BY THE APEX COURT (FALSE REASON - WAS THAT THE LAND OWNERS ARE POOR AND HOMELESS, WHERE THE ORIGINAL OWNERS DECLARED THAT THEY ARE VERY POOR AND … Continue reading END MAY NOT BE VERY SOON IN THIS `SEASON` – LITIGATION IS ON CARDS
The Government of India has approved ten new projects for Karnataka under the JnNURM Scheme. The approval was given at a meeting of Central Sanctioning and Monitoring Committee (CSMC) under Urban Infrastructure Governance (UIG), JnNURM of Union Ministry of Urban Development at New Delhi recently. These projects are:- 1. Construction of Elevated Corridor by Integrated Ejipura main Road-inner Ring Road Junction, … Continue reading Central Government approves ten new projects under JnNURM Scheme for Karnataka
The Supreme Court issued a non-bailable warrant today, against Sahara chief Subrata Roy for defying its summons in connection with a long-running case involving his alleged failure to refund investors' money, which was taken up by market regulator Sebi. The arrest warrant comes a day after the top court rejected Mr Roy's plea for exemption from personal appearance. … Continue reading SUPREME COURT ISSUED A NON-BAILABLE WARRANT AGAINST SAHARA CHIEF SUBRATA ROY FOR DEFYING ITS SUMMONS !!
SOME OF OUR READERS ARE ANXIOUS TO KNOW ABOUT THE BETTERMENT CHARGES ISSUE, WE TOOK UP THE MATTER WITH THE CONCERNED DC AND WERE TOLD THAT THE COUNCIL IS IN SESSION AND ALL THE OFFICIALS ARE BUSY AND HENCE THE DETAILS WILL BE MADE KNOWN BY WEDNESDAY OR THURSDAY. IT IS EXPECTED THAT A CIRCULAR … Continue reading BETTERMENT CHARGES IN BBMP LIMITS – AN UPDATE
IN THE SUPREME COURT OF INDIA CRIMINAL ORIGINAL JURISDICTION TRANSFERRED CASE (CRIMINAL) NO. 1 OF 2012 V. Sriharan @ Murugan .... Petitioner (s) Versus Union of India & Ors. .... Respondent(s) WITH TRANSFERRED CASE (CRIMINAL) NO. 2 OF 2012 T. Suthendraraja @ Santhan .... Petitioner (s) Versus Union of India & Ors. .... Respondent(s) … Continue reading RAJIV GANDHI ASSASINATION CASE – SUPREME COURT VERDICT
With permission from Mr.V.Swaminathan B.Sc,B.L.,FCA. LAW vs Case Law (A Critique) V Swaminathan B.Sc., B.L., FCA INTRODUCTION The case law vide the SC judgment @ Nahalchand Laloochand P.Ltd. vs Panchali Co-Op ... - Indian Kanoon, (Nahalchand’s case) calls for an analytical study. TheRuling both the HC and the … Continue reading CAR PARKING -IN-‘Flats’, or ‘Flats IN Housing Societies’ – LAW vs Case law(A Critique) by Mr.V.Swaminathan B.Sc,B.L.FCA.
Withdrawal of Currency Notes in Circulation The Reserve Bank of India (RBI) has announced the decision to withdraw from circulation all currency notes printed prior to 2005. It is a standard international practice to withdraw old series of banknotes from time to time. The reason for withdrawal of banknotes printed prior to 2005 is to … Continue reading Schedule for Withdrawal of Currency Notes in Circulation issued prior to 2005
The Income Tax Department had initiated a business intelligence project in February, 2013 to identify PAN holders who have not filed Income Tax Return and about whom specific information is available in Annual Information Return (AIR), Central Information Branch (CIB) data and TDS/TCS Returns. In the first round of data matching, 12.19 lakh non-filers were … Continue reading CBDT identifies Income Tax Return non-filers –
BOGUS PAN CARDS Rules for Issuing Pan Card The Income Tax Department has made changes in rules for issuing Permanent Account Number (PAN) Card. It has vide notification S.O. 3794 (E) dated 23.12.2013, amended Rule 114 of the Income-tax Rules, 1962 to provide , inter alia, that the application for allotment of PAN shall be … Continue reading Identification of Bogus PAN Card through Aadhar number
The city is the most preferred for buying a house in 2014 thanks to connectivity, infrastructure and basic facilities, according to the findings of a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). A majority of the respondents, about 49 per cent, of the urban working class remain keen to park … Continue reading BANGALORE IS THE MOST PREFERRED CITY TO BUY HOMES! ASSOCHAM
Chennai Metropolitan Development Authority (CMDA), on Friday sealed a building that was constructed without applications for planning permission. A note from CMDA said the owner had constructed basement, a ground floor and three additional floors in total violation of norms. Despite a stop work notice issued in November, the owner went ahead and completed the … Continue reading Unauthorised Building sealed in Chennai by CMDA
THE CIRCULAR REGARDING THE COLLECTION OF THE BETTERMENT/IMPROVEMENT CHARGES FOR THE FULL EXTENT OF THE RESIDENTIALLY/COMMERCIALLY/INDUSTRIALLY CONVERTED (CHANGE OF LAND SUE) WITHIN BBMP JURISDICTION HAS NOT BEEN ISSUED TILL TODAY. IT IS EXPECTED THAT IT MAY BE ISSUED SOON.
The IGR, Karnataka, has issued a circular dated 15-02-2014, DIRECTING all the Sub-Registrars to strictly follow, comply and enforce the recent direction in respect of the registering the Gramathana/Panchayat sites with form no.9 and form no.11 with statutory and genuine forms only and STRICT orders were issued not to entertain or register (bogus) green colour … Continue reading VILLAGE PANCHAYAT SITES/GRAMATHANA SITES REGISTRATION IN KARNATAKA – AN UPDATE-LATEST CIRCULAR
Hitachi, The Japanese tech giant, will build $600Million Desalination Plant and will start construction this year on a large-scale desalination plant at an industrial park of Neemrana, ancient historical town in Alwar district of Rajasthan, situated at 122 km from Delhi on the Delhi-Jaipur highway in Behror tehsil. It is situated in between Behror and shahajahanpur … Continue reading HOPE FOR TREATED CLEAR WATER FOR NEEMRANA INDUSTRIAL AREA IN RAJASTHAN
BBMP BUDGET FOR 2014-15 PRESENTED Taxation and finance standing committee chairman Dr. M S Shivaprasad, Presented the BBMP Budget and in his budget speech said: "As per the 2014-15 budget estimates, opening balance is Rs 48.09 crore, receipts are Rs 7,731.43 crore, totaling Rs 7,779.51 crore; out of which Rs 2,661 crore are tax receipts, … Continue reading BBMP BUDGET FOR 2014-15
BUDGET PROPOSALS FOR 2014-15 EFFECTIVE FROM 01-03-2014 Stamps and Registration ♦ Stamp Duty exemption on subsequent sale deed relating to alternate site allotted by the Bangalore Development Authority, consequent to the denotification of the land. ♦ Stamp Duty exemption on instruments executed between concerned persons under the Aerospace Policy 2013-23. ♦ Provision … Continue reading KARNATAKA STATE BUDGET AFFECTING PROPERTY TRANSACTIONS
Budget Update – 2014-15 An interesting feature of the Karnataka budget 2014-15, is that all the proposed tax measure and the reliefs provided in the financial document will be effective from the first day of March, 2014, (01-03-2014) unlike in the past when it would be effective from April one of the new financial year.