House properyExemptions under the Income from House Property13 Oct 20180Exemptions under the Income from House Property In this article we will discuss the cases wherein the income from house…
House properyWhether Notional Interest on Security Deposit received for property given on rent chargeable to tax4 Oct 20180Whether 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.…
House properyIncome under the head house property: Chargeability2 Oct 20180Income under the head house property: Chargeability In the today’s world people prefer to invest more and more sum of…
ArticleAssessmentCapital GainHouse properysalaryTax PlanningClaim deduction @ Rs. 5,000/- pm if living in a rented premises- Section 80GG18 Apr 20160Claim deduction @ Rs. 5,000/- pm if living in a rented premises- Section 80GG Query 1] I am not…
ArticleAssessmentHouse properyOther Source Of IncomeTax PlanningProfit arising from sale of property & Tax saving options21 Mar 20160Tax saving Query 1] I request you to kindly suggest me on the following issue. I have sold residential cum…
House properyIncome TaxTax PlanningNot actual rent, House property is taxable on the basis of its Annual Value22 Feb 20160House property Query] If I purchase the second house property for my own use, still whether I would be require…
House properyBeware, there is a penalty for property transactions in cash8 Feb 20160property transactions Query 1] I am to get some amount in March 2016 on redemption of ELSS MF done in…
House properyOther Source Of IncomeOwnership of land is not a pre-requisite for having agricultural income1 Feb 20160Query 1] Sir, My uncle is an agriculturist. Due to his old age he is unable to cultivate land. He proposes…
House properyTax PlanningInterest on Housing loan shall be restricted to Rs. 30,000/- if construction not completed within 3 years 31 Aug 20150Interest on Housing loan shall be restricted to Rs. 30,000/- if construction not completed within 3 years Query 1]…
House properyIncome TaxTax PlanningINVESTMENT IN PLOT IS ELIGIBLE FOR CAPITAL GAIN EXEMPTION27 Aug 20150INVESTMENT IN PLOT IS ELIGIBLE FOR CAPITAL GAIN EXEMPTION Query 1] l own house in Nagpur, Can I buy second…
House properyIncome TaxSECOND HOUSE PROPERTY &; INCOME TAX IMPLICATION8 Mar 20100INCOME TAX IMPLICATION Query 1] Sir, Presently I own a house and repayment of entire loan amount is already over.…