Rent and lease
This query is : Resolved
15 October 2011
Dear Experts,
Case-
A(landlord) is saying to his tenant(B) that he have given him room on lease but B is saying that he have taken it on the basis of rent.
Both parties i.e A & b were not having any document in support of..
Query-
So how their settlement can b made????
Case-
A(landlord) is saying to his tenant(B) that he have given him room on lease but B is saying that he have taken it on the basis of rent.
Both parties i.e A & b were not having any document in support of..
Query-
So how their settlement can b made????
15 October 2011
I think the tenant is a very old one, because the recent tenancy agreements are made with great care and are mostly on a 11 month lease period basis.
So in this case I don't think any settlement can be made among the parties themselves.
This has to be fought out in the court, or out of the court monetary settlement has to be made. If fought in the court it would stretch very long because none of the parties have proper valid papers to support their claim. So go for out of the court settlement.
So in this case I don't think any settlement can be made among the parties themselves.
This has to be fought out in the court, or out of the court monetary settlement has to be made. If fought in the court it would stretch very long because none of the parties have proper valid papers to support their claim. So go for out of the court settlement.
16 October 2011
If it is a lease, the tenant must have paid lease amount in advance and no rent.
If it is a rent, the tenant must have paid 10 month (normally) rent advance and paying monthly rent.
Now, what is the dispute???
If it is a rent, the tenant must have paid 10 month (normally) rent advance and paying monthly rent.
Now, what is the dispute???
17 October 2011
No advance have been paid initially,So now how settlement can b made??
17 October 2011
I think the tenant is a very old one, because the recent tenancy agreements are made with great care and are mostly on a 11 month lease period basis. So if your case is an old one there wont be any agreement among the parties not any document to prove their claim!
So in this case I don't think any settlement can be made among the parties themselves.
This has to be fought out in the court, or out of the court monetary settlement has to be made. If fought in the court it would stretch very long because none of the parties have proper valid papers to support their claim. So go for out of the court settlement.
So in this case I don't think any settlement can be made among the parties themselves.
This has to be fought out in the court, or out of the court monetary settlement has to be made. If fought in the court it would stretch very long because none of the parties have proper valid papers to support their claim. So go for out of the court settlement.
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
- About TDS & Income Tax
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Building tax payment deduction in rental Income
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- F & O PROFIT REPORTING FOR AY 2026-27
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
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
