TDS for Cooperative Society: Rules, Rates and Compliance
Tax Deducted at Source (TDS) is a system by the Income Tax Department that collects tax at the time of payment, with a small portion deducted upfront and deposited with the government. Housing societies, including RWAs and Co-operative Housing Societies, now have TDS compliance as a regul
How to Recharge Smart Meter Online in India: Easy Steps
Using prepaid meters enables you to pre-pay for your power consumption, but only if you know how to charge smart meter with ease. The guide highlights the process of charging through both offline and online methods, entering a token in keypad meters, changes in apartment societies, what d
How to Change Name in Electricity Bill in Housing Societies?
To understand how to change names in electricity bills, you need to apply for an electricity meter ownership transfer through your local electricity board, either online or offline. The process involves submitting identity proof, ownership documents, and paying a small processing fee, wit
Principle of Mutuality in Co-operative Society in India
The principle of mutuality in co-operative society means that members cannot make a profit from themselves. When contributors and beneficiaries are the same group, surplus funds are treated as savings, not taxable income. This concept protects housing societies and member associations fro
Property Tax Assessment Appeal Letter Sample
An incorrect evaluation of property tax can lead to a higher tax demand than you should pay. A well-written appeal letter can help you explain the discrepancy and ask the appropriate municipal authority to review it. In this guide, you will also find a property tax assessment appeal lette
New Rules for Redevelopment of Society in Mumbai
The new rules for redevelopment of society in Mumbai focus on transparency, safety, faster approvals, and stronger rights for members. The new rules include 51 per cent consent, compulsory RERA registration, video-recorded meetings, and clear timelines for completion. These rules help soc
General Body Meeting of Society - Legal Requirements and Rights
Residents often get frustrated with the lack of transparency around financial decisions, confusion around maintenance charges and disagreements with community rules. Without a formalised medium to discuss and decide, important issues of society may go unresolved. The General Body Meeting
Co Operative Society Article in Constitution
There isn't really one single "co operative society article" in the constitution. It's a group of provisions, mainly Article 19(1)(c), Article 43B, and Part IXB (Articles 243ZH to 243ZT), added through the 97th Constitutional Amendment Act, 2011. Together they give cooperative societies c