Monday, February 18, 2019

Capital gain exemption available even if investment is done by availing housing loan

Capital gain exemption available even if investment is done by availing housing loan Assumptions & presumptions are the biggest barrier to tax planning. One such...
The third umpire – ITAT has ruled in favor of Sachin Tendulkar in a tax dispute case

The third umpire – ITAT has ruled in favor of Sachin Tendulkar in a...

The third umpire – ITAT has ruled in favor of Sachin Tendulkar in a tax dispute case   If the taxpayer owns more than one house...

Exemptions under the Income from House Property

Exemptions under the Income from House Property In this article we will discuss the cases wherein the income from house property is exempt. Section 10(1):...
Whether Notional Interest on Security Deposit received for property given on rent chargeable to tax?

Whether Notional Interest on Security Deposit received for property given on rent chargeable to...

Whether Notional Interest on Security Deposit received for property given on rent chargeable to tax? An  assessee received interest-free deposit in respect of a  shop let out on rent. Whether the notional interest on...
Income under the head house property: Chargeability

Income under the head house property: Chargeability

Income under the head house property: Chargeability In the today’s world people prefer to invest more and more sum of money in property. It is...