High Court Delivers Major Ruling on Deemed Conveyance, Impacting Builders

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

High Court Mandates Deemed Conveyance, Prioritizing Flat Owners' Rights

property News

N

News18•25-02-2026, 10:18

High Court Mandates Deemed Conveyance, Prioritizing Flat Owners' Rights

•Mumbai High Court makes Deemed Conveyance mandatory for builders, prioritizing housing societies' rights.
•Court ruled statutory provisions outweigh private agreements between builders and landowners.
•Verdict delivered by Justice Amit Borkar, rejecting claims by Parmanand Builders LLP and others.
•Court emphasized that developers and landowners act as promoters, equally responsible for transferring rights.
•Judgment reinforces Deemed Conveyance as a crucial legal provision protecting flat owners' ownership rights.

Read Full Article on News18 in Marathi

✦

More like this

✦

More like this

Grampanchayat

High Court Stays Reappointment of Sarpanchs as Administrators in Gram Panchayats

High Court

Mumbai HC: Son, DIL Can Be Evicted From Mother's Home For Harassment

Property Rules

Parents Can Evict Harassing Children: Jharkhand HC Upholds Senior Citizens' Rights

Representational image (Image: News18)

Advocates are Guardians of Fundamental Rights: Rajasthan CM Bhajanlal Sharma

8. TDS Deduction at Source (Section 192)
Once the bonus is declared, the employer is legally required to estimate your annual tax liability and deduct TDS (Tax Deducted at Source). Because bonuses are paid in a single month, your take-home pay for that specific month will show a disproportionately high tax deduction, as the employer accounts for the tax on the entire annual bonus amount at once.
Example: An employee receives a large bonus in December, leading to a significantly higher TDS deduction in that month’s salary.(Image: Shutterstock)

TDS on Property: SC Dismisses PILs, Upholds Buyer's Duty; New GST Ruling on Parallel Proceedings

Representational image (Image: News18)

Telangana HC Judge Pulla Karthik Urges Swift Clearance of Pending Cases