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Are Housing Societies Taxable? Income Tax Rules Every RWA and Apartment Association Must Know

ADDA

The Supreme Court ruled in Venkatesh Premises Co-op Society Ltd vs. ITO (2018) that this money is a pooled contribution used for self-benefit rather than income. Paying Vendors and Tracking TDS Automatically flag vendors who surpass threshold limits and remind treasurers of applicable TDS. Venkatesh Premises Co-op Housing Society Ltd.

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Navigating Zoning Laws: Facilitating ADU Development in Urban Areas

Beach Front Property Management

These reforms included: Banning minimum lot sizes for ADU construction Eliminating impact fees for smaller ADUs Easing parking requirements Removing owner-occupancy rules Allowing multiple ADUs on certain lots In 2023, Los Angeles County issued over 45,000 ADU permits, much more than the 10,000 permits issued statewide in 2018.