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Interest calculation for co operative housing society

(Querist) 07 May 2019 This query is : Resolved 
Dear Sir/Madam,

Can Interest be calculated on Non-Occupancy and Parking Charges?
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P. Venu (Expert) 07 May 2019
The facts, as posted, are incomplete.
Kishor Mehta (Expert) 08 May 2019
It depends on the resolution passed at the AGM. Usually interest is charged on non-occupancy and parking charges.

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