Even after repetative follow-ups the builder have not handed over the Municipal Construction Clearance certificates, approved internal sewerage plans. What to do – lodge a criminal case or go to consumer forum? The property is located at Kolkata. Need directions.
Just wanted to know if i start a business by taking loans from bank and if my business profit is less than my loan repayment dues, how much will be my tax liability as per Indian law?
I am employed and my income doesnot come under taxable income. My husband is not a coapplicant to the loan. As he is a taxpayer can he utilise the house loan repayment by me for tax deduction
For any kind of loan, taken against a particular asset, you have to stay very much careful.
If defaults keep on happening, your asset can be taken over by the financer.
Please refer the loan agreement's terms & conditions, which you have received at the time of taking a loan.
Most of the times, if your financer is a reputed company, then will inform you about defaults & ask for explanations. It will also inform you the possible actions which can be taken.
I have taken Home Loan from ICICI bank and i want to repay some extra amount in advance coz EMI is slighly higher for me. In such case any idea what procedure to follow?
What % of extra amount will be treated as priciple and interest?
Let say for 20L laon im planning to repay 5L ealry in one shot.
Please guide me in this case.