To study post graduate abroad
I like to know the link or site where i can find the details for the above question. My bank is SBI. it will be great the details are specific to SBI.
If the property is in joint name & the loan is taken as joint with the wife, can the husband claim full tax benefit(both interest and principle repayment)?
I have taken an house loan from HDFC in 2009-10 but the flat will be given posseion only in July 2010, although EMI has already commenced. Can I claim tax exemption in this year on the interest, though I have not got posseion of the flat. Construction is 80& through.
I would like to know if one is entitled to get income tax deductions (in India) if one pays some amount for house rent even if the same person receives house rent allowance as part of his pay. If the answer is yes then what amount can be deducted and how?
I have a flat in Mumbai which has been occupied or rented out. Is it therefore necessary to pay the Maintenance Charges to the Co-Operative Society which has been formed recently.
I can understand, property tax can be mandatory. But, if I do not pay Maintainance charge – can the socity take legal action?
Is it necessary to deduct Tax at source even if one is employed for a short duration as low as one month.His salary works out to 25,000/- but was employed only for 45 days on a consultation basis.The company employed him has deducted a tax at 10 % of the total salary/compensation paid to him. The company can issue a certificate to the effect of deducting Tax. But is it correct in the situation his total salary drawn over the financial year in any case does not exceed the taxable income.
say for example if she is a housewife?