During the Assessment Year 2013-14, interest received from Savings Bank Accounts upto Rs 10,000 is exempted from levying income tax. Am I right? Will anybody please clarify?
For management study in OXFORD University loan was taken from Bank at USA (as banks in India did not grant loan for want of security like house property/land) for which interest is paid to such bank. Please let me know whether the amount of interest paid to such USA bank is deductible u/s 80E in computing the net taxable receipt ?
it is possible to get a home loan or reverse martgage loan from bank when u dont have approved map of property but have registry of property.property is 30 yrs old when there is no need to approve a map
i have now sold my flat for 20lacs, can i pay back the loan from the proceeds of my flat without paying property gains tax.
Otherwise what is the maximum limit . Till how much amount is wealth tax free or you do not have to file the Wealth tax return
Is there any bank (private,mnc,scheduled,cooperative or pvt ltd firms) or non banking financial institutions or any companies provide loans against property (open land and house) without income proof and income tax returns purely on property base? properties in hyderabad,A.P. loan providers can be from anywhere in india?
A bank is offering a sealed flat for re-sale at a low price. Is It safe to buy a sealed property from bank?
If the property is mortgage and borrower has defaulted for loan. Property has to be sealed. But if the property has more market value than the loan then what are the procedure of back credit
Also please ifnorm if borrowers will allowed to take thier furniture ect. or not
Do I even require any Property for taking Loan?
Actually i have a property that is on rent to bank, but now the lease agreement is going to expire. But i am not satisfied with the rent i am getting, because the rent is too low according the rate of property, the current rent is 25000 INR. But i am expecting minimum 35000 now. Pls help me in writing a impressive letter.