As tenant has taken stay from Hon’ble court against the landlord.
My original pension is Rs10000. Reduced pension after commutation is Rs.6665. whether Rs.10000 or Rs 6665 to be taken as income for the purpose of calculation of income tax (india) for the year 2010-11?
Income from house property is 50:50 in respect of myself and my spouse. total EMI of the home loan is going from my salary account. will i get the facility of tax exemption on the total interest accrued on the house loan.
tell me the procedure for closure of loan??
also tell bank will return orginial documents to whom as the owner of the property is no more..kindly tell me whole procedure…asap
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 ?
With news of banks slashing interest rates…will the existing borrower benefit and also are there chances of principal amount being reduced keeping in mind the reduced property rates?
In India, What type of document/agreement is necessary and what shall be gift tax and who has to pay, the Donor or donee?
I Got house loan from my elder brother & I promise him to pay interest can i get income tax rebate for interest paid for housing loan to my Brother ?
Why are people generally not encouraged to invest in shares but are advised to invest in mutual funds?