TDS provisions relating to rents paid under income tax legislation. Housing.com has launched a fully digital, contactless service to create leases. If you want to complete the formalities quickly and without any problems, you just have to fill out the details, create the online rental contract, sign the contract digitally and get an electronic stamp in seconds. Pre-rent for the period/non-refundable deposit – B To obtain a leave and a licensing agreement in Pune, the landlord or tenant must complete the necessary information. Make sure you type all the details correctly while you fill out the information in the leave and licensing form. We will then prepare the lease using the information you have indicated on the site and send you the draft contract. You need to check this project and give you feedback. When setting up the lease, it is very important to include certain important clauses in the contract. Some important clauses to include in the rental or rental file are listed below: Section 52 of The Indian Easements Act, 1882, defines vacation and licensing agreements. This section states: “If a person grants another person or a number of other persons the right to do or continue to do something on or on the land of the funder who, in the absence of such a right, would be unlawful and such a right does not constitute relief or interest in the property, the right is qualified as a licence.” The registration fee for a rental contract in Maharashtra, depends on the location of the rental.
The registration fee is Rs 1,000 if the property is below an urban corporate area and it is 500 aff. if this is the case in a rural area. In the absence of a contrary agreement, the tenant bears the costs of stamp duty and registration. Lately, the Maharashtra government has initiated this online installation to make the registered rental agreement, which is left and licensing agreement. This has considerably eased the tensions between the various sub-committees in which all these agreements are subject to confirmation and submission. Under Section 17 of the Indian Registration Act, which applies to all of India, any real estate lease agreement must be registered from year to year or for a period of more than one year. Therefore, unless otherwise required by national law, any leave and licence contract must be registered for a period of 12 months or more.