If husband and wife live in the same city but different location (different houses) can both claim for HRA exemptions as Individual?
Does the Income tax act expects husband and wife stay together?
Regards
Harsha
my home is name of my wife and loan is sanctioned my joint name,am i entitled to avail tax exemption on this.?
i have my own home in Gujarat for which i have taken a loan from icici bank and i am availing income tax exemption. now i wish to loan transfer to SBI. my home is name of my wife, she is a housewife and she is not availing any benifit on that home. Am i entitled to avail tax exemption on this loan? Bankofficer says no, because home is not my name.
whether promise to marry is allowed under rule of exemption of gift income tax act?
Mr.X has given gift to miss.Y above Rs.50000,is it exempt under income tax act if they both are in promise to marry?
Is interest exemption on housing loan tax exempted even if possession of house is not given ?
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.
How much IT exemption for the stamp duty and registration charges paid jointly to me and my spouse for a flat.?
How much IT exemption for the stamp duty and registration charges paid jointly to me and my spouse for a flat.? (Indian Income Tax Rule)
Me and my wife have jointly purchased a flat by paying total rs 235,000 towards stamp duty and registration fees for the flat. Can me and my wife are eligible for IT exemption of Rs 1 lac each for the same.
how to avail income tax exemption in india?
i am paying around Rs. 250000/- as income tax there is any option to get exemption in paying tax.
Can I claim tax exemption on rent paid to my father while staying in house owned by him?
I stay in a home owned by my father and I pay monthly rent for it. Can I get tax exemption for the rent paid? If yes how can I claim it?
Housing Loan Interest exemption in the name of spouse (house wife) and instalment paid by husband?
Property in the name of housewife. Can the Husband get deductions for housing loan interest?
I have taken housing loan from a bank, myself being an applicant and my wife is a co-applicant. She is housewife. She has no income. While, at the time of Registration of my flat, it was registered in the name of my wife. The repayment of housing loan instament is being paid by me from my own income. Can I claim housing loan intrests benefits, as per income tax benefit?
If an employee leaves in the middle of year,then first slab tax exemption of Rs 1.50 lac is given in full ?
If an employee leaves in middle of year, then the income tax exemtion of first slab , Rs 1.50 lac, is to be given in full or proportionately ?Similarly what about the saving limit u/s 80C? Complete saving limit of Rs 1 lac can be given or again it should be proportionately.
Can I buy one flat with proceeds of sale of two flats and still get capital gains tax exemption?
I have two small flats. I wish to sell them and buy one property. Can I get capital gains tax exemption for both these flats?