Tax benefit for home loan processing fee
Tax benefit for home loan processing fee is available under Section 2 (28A)
Tax deduction benefits on home improvement loan
Tax deduction benefits on home improvement loan are available if the loan is taken for renewal, constructiion, accquisition on house property
Tax deduction benefits on Top-Up Loan Repayment
Tax deduction benefits on Top-Up Loan Reapyment will be available only if used fro construction and accquisition
Tax exemption on HRA for self when wife receives rent
Tax exemption for self when wife pays rent is not available since wife pays the rent
Income from house property for NRI's
Income from house property for NRI's is not different than that for the resident Indians
Claim tax deduction benefits when the construction is completed
Claim tax deduction benefits when the construction is completed
Tax Implication On Pre EMI
Tax deduction benefits are available from the financial year in which the construction is completed
Construction completion proof to claim income tax deduction benefits
Construction completion proof to claim income tax deduction benefits requires no such proof
Tax exemption benefits on loan to buy a shop
Tax exemption benefits on loan to buy a shop
Tax exemption for a property bought on Power Of Attorney Basis
Tax exemption for a property bought on Power Of Attorney Basis is available under Section 27 of I-T Act
Tax deduction benefits on pre-closure charges paid to the lender
There are no tax deduction benefits for pre-closure charges paid under Section 8oC, but under Section 2 (28A)
Tax exemption for property under Self-lease Scheme
Tax exemption for property under Self-lease Scheme is available unde Section 23 of I-T Act
Business loan or a home loan
business loan or a home loan to owna flat to put on rent
Tax implication when the second house property is rented
Tax impliaction when the second house property is rented is calcualted on the basis of annual income from house property
Tax implication for Home-Saver, Home Credit or Smart Home Products
Tax implication for Home-Saver, Home Credit or Smart Home Products are available to the extent of the gunds used to buy a house property
EMI payment contribution between co-owners who are co-borrowers
EMI payment contribution between co-owners who are co-borrowers
Change proportions of claiming tax deduction benefits
Change proportions of claiming tax deduction benefits
Tax implications on Home-Savers
Tax implications on Home-Savers
Tax benefits when the husband is not a co-owner to the property but a co-borrower to the home loan
Tax benefits when the husband is not a co-owner to the property but a co-borrower to the home loan, may claim deductions under Section 64
Tax exemption on loan repayment for a plot
Tax exemption on loan repayment for a plot is not available
Reverse mortgage failed, lack of clarity on tax treatment
Experts say that reverse mortgage failed because of lack of clarity on tax treatment.
India, UAE to issue tax notification
tax notification to UAE residents of Indian origin
The Transparent Floating Rate In Home Loans
Which interest rate do we opt for; fixed or floating? This is a very common question we receive at Apnaloan.com
Capital Value-based property tax scheme implementation withheld
Capital Value-based property tax scheme implementation withheld
Good news for home buyers: Govt to introduce law to cap penalty on payment default by home buyers
The government is planning to bring in a new law that restricts the maximum amount that a real estate developer or financier can charge a home buyer as penalty in case of delay in payment.
Loan Amount Eligibility
Several factors besides your income will have an impact on the home loan amount you are eligible for.
Top-up loans, tax deduction benefits
Top-up loans are available to existing customers with a home loan. Tax deduction benefits are available on the top-up loan for the interest portion under section 24.
Service tax applicable on flats
Service tax applicable on flats
MFs may be freed of service tax loads
Entry exit load charged from investors by mutual funds should not attract service tax.
Service Tax Circular No.108/02/2009 Dt. 29th January 2009
Service Tax Circular No.108/02/2009 Dt. 29th January 2009