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POA FOR PROPERTY
Wife living in London gives POA to family friend to manage his Vadodara property, friend gifts it to son and daughter-in-law; husband files case and wins in Gujarat HCMr Purshotam Ranchhodbhai Pankhania and his late wife living in London trusted their friend and gave him the POA to manage their India prop...- Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this groundFor Rs 6.82 crore cash notorious land grabbing gang sold land via forged sale deed with forged signature of landowner; however landowner go...
- Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
- Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...
- Father can't relinquish daughter’s share in ancestral property to son; Know the legal positionA father cannot legally sign away his daughter's rightful share in ancestral property to his son, the Andhra Pradesh High Court has ruled. ...
- Husband leaves some properties to sister through Will, excluding wife and children; Supreme Court upholds it for this reasonThe Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The ...
- The possible complications NRIs may face when buying a home in IndiaAs global uncertainty rises, more NRIs are looking to buy homes in India to secure a safe haven. This process involves navigating complex l...
- What is power of attorney, who can it be issued to, can it be revoked, limitationsFind out all about the purpose, usage and flaws of this legal document before issuing it to someone.
- 6 reasons why you should not buy property via Power of AttorneyGoverned under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a person nominates an...
- Buying NRI property through PoA? Take these precautionsMany NRIs prefer to sell their properties through a Power of Attorney (PoA) by assigning a person to do the property registration formaliti...
- Registration of properties in Tamil Nadu may soon need AadhaarRegistration department officials told TOI a proposal has been sent to the government to make Aadhaar card compulsory for land registration...
- Step by step guide for NRIs to sell inherited property in IndiaWe will look at what documents you need, how you can arrive at the sale value and how to complete the sale transaction.
- How NRIs can transfer title of inherited propertyDealing in Indian real estate matters, especially if you have lived outside the country for a long time can be a nightmare.
- Power of attorney & Letter of authority: Points of distinctionNo, there's a difference between the two authorising documents. This depends on the nature of work and the manner in which it is to be exec...
- How NRIs can buy property in IndiaBuying property undeniably ranks as one of the greatest Indian dreams. It doesn/t matter which part of the world you live in; a home in Ind...
- Punjab govt changes rules for NRI property saleUnder attack for its failure to protect NRIs properties in the state, the Punjab government is bringing some changes in rules to make the p...
- Query Corner: Real EstateA gift deed is a better option than a will to transfer property.
- ET in a classroom: Power Of AttorneyA power of attorney (PoA) is an instrument in writing empowering a specified person to act for and in the name of a person executing it.
- Govt plans to pull the plug on power of attorneyIn a bid to encourage property registration and freehold ownership, the government is planning to direct states to disallow sale of propert...
- Property deals on power of attorney may be groundedThe urban development ministry is planning to declare all such property transactions illegal in future as a PoA deal has often been used to...
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