Carpet Area or Super built up
This query is : Resolved
07 October 2021
While under taking renovation of society the committee has suggested contribution from each flat to be collected based on Super / built up area. Is this the right approach when all other contribution like sinking fund, building repairs , property taxes of BMC etc. are done on carpet area which is mentioned in the agreement. Your views on opinion on this.
07 October 2021
Actually, there is no concept like super built up area. It is the sellers/Builders' gimmick.
In actual practice, it is either carpet or Built up.
As per recent rulings, even builders are required to follow carpet area norm.
Societies generally follow carpet area concept for all of their workings.
In actual practice, it is either carpet or Built up.
As per recent rulings, even builders are required to follow carpet area norm.
Societies generally follow carpet area concept for all of their workings.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
