House Property and Taxes

By | 2018-08-08T12:26:20+00:00 June 16th, 2016|Categories: Income from house property|Tags: , , |

Know About House Property and Taxes   Purchasing a house is a time-consuming and hectic task. In this guide, we will help you understand all that you want to know while buying a house in a very easy and effective manner. There are three sections which will help you understand how to claim your tax deduction [...]

Home Loan and Deductions applicable to it

By | 2018-08-08T12:36:34+00:00 June 13th, 2016|Categories: Income from house property, Tax Savings|Tags: , |

Home Loan and Deductions House Property Income is one of the tax heads of income, stated in Income Tax act. This is the only type of income which taxes existing income (except income from capital gains, other sourced incomes). Union government provides incentives as interest subventions, Income tax exemptions, and rebates. According to Section 23(2) (A) [...]