Police Verification Of Tenant
Reading Time: 3 minutesLandlords are required by law to complete police verification of their tenants. The offender may be punished with imprisonment for a term that may last till one month or a monetary penalty of Rs 200 under Section 188 of the Indian Penal Code (IPC), which deals with the disobedience of a legally issued order by a public worker.
How To Do Rent Agreement If You Are In Foreign.
Reading Time: 4 minutesA Indian residing in foreign who has a house on rent in India, always has a question of how to do a registered agreement, in India when he rents out a house or changes the tenant. In this article we discuss more about power of attorney and remote biometrics two popular ways a NRI can opt to register document in Maharashtra from a foreign location.
Rent Agreement Of Vacant Land
Reading Time: 5 minutesThere are some of the legal requirements for a vacant land rent agreement to follow when renting a property or taking one on rent. It requires that all the leave and license agreements must necessarily be stamped and registered. While this is still the general guideline, the pricing and laws differ depending on the state in which you want to lease a property.
HUF – All You Need To Know
Reading Time: 4 minutesHUF means Hindi Undivided Family, which is governed under the Hindu Law Board. It includes Sikh, Jain, or Buddhist families also. A HUF consists of all persons lineally descended from a common ancestor, Karta, and also the wives and daughters of the male descendants.
AS-9 Revenue Recognition
Reading Time: 3 minutesAccounting standard 9 provides the basis on which an entity shall recognize the revenue in the statement of profit and loss. It covers the revenue arising from ordinary business activities.
As per AS 9, “revenue is the gross inflow of the considerations that arises in the course of ordinary activities of an enterprise.
