September 17, 2014 Posted by: MGK Law Firm Categories: No Comments 1. In a most regressive piece of legislation, the Karnataka Government amends to bring ”Digital Offenders” under the purview of Goonda Act. This could lead to drastic abuse of freedom of speech and expression as an offender could be taken into ”preventive custody” before committing the offence. Read more.2. TDS is applicable on sale of immoveable property (other than agricultural land) wherein the sale consideration of the property exceeds or is equal to Rs 50,00,000 (Rupees Fifty Lakhs). TDS must be paid before registration of a property.3. Karnataka Rent Act Under Section 20 Estate Agents engaged in brokerage of houses are liable to be registered with the Rent Controller & file Quarterly Return of the transaction. Rule 20 prescribes half of the rate of one month as brokerage or commission. 1. In a most regressive piece of legislation, the Karnataka Government amends to bring ”Digital Offenders” under the purview of Goonda Act. This could lead to drastic abuse of freedom of speech and expression as an offender could be taken into ”preventive custody” before committing the offence. Read more.2. TDS is applicable on sale of immoveable property (other than agricultural land) wherein the sale consideration of the property exceeds or is equal to Rs 50,00,000 (Rupees Fifty Lakhs). TDS must be paid before registration of a property.3. Karnataka Rent Act Under Section 20 Estate Agents engaged in brokerage of houses are liable to be registered with the Rent Controller & file Quarterly Return of the transaction. Rule 20 prescribes half of the rate of one month as brokerage or commission.
