AKRAMA-SAKRAMA AMENDMENT RETURNED

THE GOVERNOR OF KARNATAKA HAS RETURNED THE AMENDMENT BILL ON AKRAMA - SAKRAMA (REGULARISATION OF UNAUTHORISED BUILDING IN GOVERNMENT LANDS) AND HAS ADVISED THE GOVERNMENT TO TAKE ACTION ON A.T.RAMASWAMY COMMITTEE REPORT AND TASK FORCE REPORT ON THE RECOVERY OF THE GOVERNMENT LANDS.THE AKRAMA-SAKRAMA BILL IS POSTED FOR HEARING IN THE HIGH COURT OF KARNATAKA … Continue reading AKRAMA-SAKRAMA AMENDMENT RETURNED

The ISSUES the buyer may face to implement this TDS provisions – The rate of 1% may increase to 20% if seller does not provide PAN due to overriding provision of section 206AA of ITA.

Obtaining TAN number for complying with the provisions; Issuance of TDS certificate to the seller; Filing of TDS return quarterly and mention PAN of the seller; Taxes needs to be deposited within the specified time limit with the Government; and May be scrutinized by the TDS officer The rate of 1% may increase to 20% … Continue reading The ISSUES the buyer may face to implement this TDS provisions – The rate of 1% may increase to 20% if seller does not provide PAN due to overriding provision of section 206AA of ITA.

TDS ON PROPERTY TRANSACTION FROM 01-06-2013

TAX DEDUCTED AT SOURCE (TDS) ON THE PROPERTY TRANSACTIONS ABOVE THE VALUE OF RS50 LAKHS IS EFFECTIVE FROM 01-06-2013, A NOTIFICATION TO THIS EFFECT IS PLACED BY THE INCOME TAX DEPARTMENT.  THIS NOTIFICATION IS NOT APPLICABLE TO AGRICULTURAL LANDS. ONLINE TDS PAYMENT IS AVAILABLE AND THOSE, WHO CANNOT ACCESS IT, CAN MAKE/DEPOSIT THE TAX IN … Continue reading TDS ON PROPERTY TRANSACTION FROM 01-06-2013

NOTICE TO OVER 1,75,000 INCOME TAX ASSESSEES WHO HAVE NOT FILED THEIR INCOME TAX RETURNS

THE INCOME TAX DEPARTMENT HAS IDENTIFIED 12 LAKH NON-FILERS AND HAVE STARTED THE EXAMINATION OF THE DATA AND HAS ISSUED 1,75,000 NOTICES AND MORE IS EXPECTED SOON. The Income Tax Department has also initiated a Data Warehouse and Business Intelligence (DW & BI) Project to develop an integrated platform for effective utilisation of information to … Continue reading NOTICE TO OVER 1,75,000 INCOME TAX ASSESSEES WHO HAVE NOT FILED THEIR INCOME TAX RETURNS

AKRAMA-SAKRAMA SCHEME MAY BE MODIFIED

THE MUCH AWAITED REGULARISATION SCHEME MIGHT BE REVIEWED AND MODIFIED TO COVER THE ENTIRE SPECTRUM OF DEVIATION, VIOLATION AND IRREGULARITIES UNDER KLR ACT, KMC ACT AND KTCP ACT WITH A VIEW TO SLAP A HEFTY PENALTY, THAT MIGHT DISCOURAGE THE FUTURE VIOLATIONS AND PROVIDE MUCH NEEDED REVENUE TO THE MUNICIPALITIES FOR THE DEVELOPMENT OF INFRASTRUCTURE.  

PUBLIC INTEREST LITIGATION ON THE RECOVERY OF GOVERNMENT LANDS

THE HIGH COURT OF KARNATAKA HAS ISSUED NOTICES TO THE CENTER AND THE STATE GOVERNMENT ON A PIL FILED BY MR.HIREMUTT, ON THE RECOVERY OF THE GOVERNMENT LANDS AND ACTION PROPOSED TO BE TAKEN ON THE IRREGULARITIES. THE PIL IS FILED ON THE BASIS OF THE A.T.RAMASWAMY COMMITTEE REPORT AND THE STF REPORT HEADED BY … Continue reading PUBLIC INTEREST LITIGATION ON THE RECOVERY OF GOVERNMENT LANDS

BMTF- HAS NOT SHUT SHOP – AAG TO THE COURT

THE GOVERNMENT HAS STATED THAT IT HAS NOT ISSUED ANY ORDER/NOTIFICATION REGARDING THE TERMINATION OR DISCONTINUANCE OF THE TASK FORCE AND THE FORCE WILL CONTINUE. A MEGA RESIDENTIAL PROJECT IN BANGALORE EAST IS UNDER THE LENS FOR THE ALLEGED IRREGULARITY/VIOLATION, IN THE SANCTION OF BUILDING PLAN BY BDA !!!!!  

RECOVERY OF GOVERNMENT LANDS – PLAINT IN SUPREME COURT

A CIVIC ACTION GROUP HAS SUBMITTED A PLAINT IN THE SUPREME COURT OF INDIA TO DIRECT THE STATE GOVERNMENT TO GIVE A LEASE OF LIFE TO THE INFAMOUS SPECIAL TASK FORCE FORMED TO CHECK THE ENCROACHMENT OF GOVERNMENT LANDS IN KARNATAKA AND CONDUCT INVESTIGATION AND RECOVER THE GOVERNMENT LANDS ON THE BASIS OF A.T.RAMASWAMY COMMITTEE … Continue reading RECOVERY OF GOVERNMENT LANDS – PLAINT IN SUPREME COURT

BMTF POWERS

THE POWERS TO BE, LAND MAFIA, BUILDER MAFIA, CORRUPT BABUS AND THE POLITICIANS FORMED A COTERIE, SCUTTLED THE POWERS AND THE JURISDICTION OF BMTF AND RENDERED IT TOOTHLESS,FOR THEIR BENEFIT AT THE COST OF THE COMMON MAN. BMTF, WHICH STRUCK THE ILLEGAL CONSTRUCTIONS AND ENCROACHMENTS IN AND AROUND BANGALORE, BOOKED CASES AGAINST THE ILLEGALITIES AND … Continue reading BMTF POWERS

URBAN PROPERTY OWNERSHIP RECORD – PROPERTY ID IN BANGALORE

THE NOVEL SCHEME INITIATED BY THE REVENUE DEPARTMENT TO PROVIDE IDENTIFICATION RECORDS HAS SOME NOVEL PROCEDURES. 1). THE DEPARTMENT WILL ISSUE NOTICE TO THE PROPERTY OWNER TO PRODUCE ALL THE RELEVANT DOCUMENTS TO THE PROPERTY. (50% does not have proper records and 75% of the buildings have abnormal violaion or deviation or not constructed as … Continue reading URBAN PROPERTY OWNERSHIP RECORD – PROPERTY ID IN BANGALORE

SUADELA CONSTRUCTIONS-HIRANANDANI UPSCALE- ARE THEY CHEATING THE BUYERS?

THE SUADELA CONSTRUCTIONS(HIRANANDANI), DLF HOMES AND ANNABELA PVT LTD HAVE BEEN BOOKED U/S.119,217,218,181,197,420,R/W34 OF INDIAN PENAL CODE, 1860,320,321,321(B) OF KARNATAKA MUNICIPAL CORPORATION ACT OF 1976 OF KARNATAKA AND THEY HAVE OBTAINED A STAY ORDER FROM THE HIGH COURT OF KARNATAKA, IN THIS GIVEN SITUATION, IS IT WISE TO PAY MONEY AND ENTER INTO AN AGREEMENT … Continue reading SUADELA CONSTRUCTIONS-HIRANANDANI UPSCALE- ARE THEY CHEATING THE BUYERS?

BOREWELLS AND OPEN WELLS WITHIN BBMP LIMITS

THE KARNATAKA GOVERNMENT HAS NOTIFIED THAT UNDER THE KARNATAKA GROUND WATER(REGULATION AND CONTROL OF DEVELOPMENT AND MANAGEMENT ACT)2011, ANY PERSON/S DESIROUS OF DRILLING A BOREWELL OR AN OPEN WELL MUST OBTAIN/SEEK/GET/ THE PERMISSION FROM THE APPROPRIATE JURISDICTIONAL AUTHORITY. BWSSB HAS THE POWERS TO GRANT THE PERMISSION TO DRILL/DIG A WELL OR A BOREWELL WITHIN THE … Continue reading BOREWELLS AND OPEN WELLS WITHIN BBMP LIMITS

424 ILLEGAL AND UNAUTHORISED LAYOUTS IN BMRDA JURISDICTION !!!!!!!!!!!!!!

ILLEGAL AND UNAUTHORISED LAYOUTS IN BMRDA JURISDICTION BMRDA HAS IDENTIFIED AND HAVE INITIATED ACTION AGAINST 424 ILLEGAL AND UNAUTHORISED LAYOUTS IN ITS JURISDICTION IN ANEKAL, MAGADI, KANAKAPURA ROAD, NELAMANGALA ,HOSKOTE, DEVANAHALLY AND MYSORE ROAD AREAS.IT IS RELIABLY LEARNT THAT THE AUTHORITY HAS APPROACHED THE REVENUE DEPARTMENT AND THE JURISDICTIONAL SUB-REGISTRARS FOR DETAILS AND APPROPRIATE ACTION … Continue reading 424 ILLEGAL AND UNAUTHORISED LAYOUTS IN BMRDA JURISDICTION !!!!!!!!!!!!!!

RECOVERY OF GOVERNMENT LANDS IN AND AROUND BANGALORE

 The Jagadish Shettar government is considering a proposal to revive the A T Ramaswamy committee report on encroachment of government land in Bangalore, which has unearthed over 40,000 acres land worth Rs 50,000 crore encroached in and around Bangalore. The report of task force on government land encroachment across the state headed by V Balasubramaniam would also be … Continue reading RECOVERY OF GOVERNMENT LANDS IN AND AROUND BANGALORE

REGULARISATION OF UNAUTHORISED CONSTRUCTION(RURAL)KARNATAKA BILL RETURNED

THE HONOURABLE GOVERNOR OF KARNATAKA HAS REJECTED AND RETURNED THE BILL, WHICH HAD BEEN PLACED BEFORE HIM FOR HIS ASSENT TO REGULARISE THE UNAUTHORISED CONSTRUCTIONS IN RURAL KARNATAKA CITING THAT THE BILL WILL NOT BENEFIT THE PUBLIC AND WILL HELP THE LAND MAFIA (ILLEGAL-MAFIA RAJ)AND UNAUTHOISED CONSTRUCTION. THE BILL WAS DRAFTED ON THE SAME LINES OF AKRAMA-SAKRAMA, … Continue reading REGULARISATION OF UNAUTHORISED CONSTRUCTION(RURAL)KARNATAKA BILL RETURNED

ILLEGAL AND UNAUTHORISED LAYOUTS WITHIN BDA LIMITS

THERE IS A NEWSPAPER REPORT REGARDING THE ILLEGAL AND UNAUTHORISED LAYOUTS WITHIN THE JURISDICTION OF BDA AND THE TOWN PLANNING AUTHORITIES HAVE STATED THAT THERE ARE OVER 1000 SUCH LAYOUTS.  THE OFFICIAL BDA WEBSITE STATES THAT THERE ARE 120 LAYOUTS BUT UNOFFICIALLY IT IS 1000. ALL THESE ILLEGAL LAYOUTS ARE WAITING FOR AKRAMA-SAKRAMA FOR REGULARISATION.

SHIVARAM KARANTH LAYOUT – DENOTIFICATION ISSUE

CHIEF MINISTER SRI.D.V.SADANANDA GOWDA HAS ASSURED THE LEGISLATURE ASSEMBLY THAT HE WOULD ORDER A COD ENQUIRY INTO THE DENOTIFICATION OF 800 ACRES OF LANDS IN THE PROPOSED DR.SHIVARAMA KARANTH LAYOUT.  IT IS RELIABLY LEARNT THAT MANY UNSUSPECTING AND INNOCENT BUYERS HAVE BOUGHT GOLMAL PROPERTIES IN THE ACQUIRED LANDS DEVELOPED BY LAND MAFIA.  MOST OF THEM … Continue reading SHIVARAM KARANTH LAYOUT – DENOTIFICATION ISSUE

SJR LUXURIA- SJR DEVELOPERS PROJECT AT BANNERGATTA ROAD (ARAKERE) IS IN SERIOUS TROUBLE

A NEWS REPORT ON ALLEGED VIOLATION THE LOKAUYKTA COURT HAS DIRECTED THE POLICE TO INVESTIGATE AND SUBMIT THE REPORT ON THE ALLEGED VIOLATION BY THE GOVERNMENT DEPARTMENT AND THE OFFICIALS IN DENOTIFYING AND SANCTIONING THE BUILDING PLAN FOR A 7 ACRES AND 29 GUNTAS,(1-17 ACRES FOR THE OWNERS/LANDLORDS RESIDENCES) RESIDENTIAL COMPLEX ENTERED INTO BETWEEN SJR … Continue reading SJR LUXURIA- SJR DEVELOPERS PROJECT AT BANNERGATTA ROAD (ARAKERE) IS IN SERIOUS TROUBLE