Apr 28, 2017 at 08:00 | Source: Housing.com/news
The Mumbai Income Tax Tribunal, recently delivered a very important decision on the claim for tax exemption on HRA (House Rent Allowance). Let us analyse the decision in details, with its ramification and relevance R
Apr 26, 2017 at 16:00 | Source: Housing.com/news
The Income Tax (I-T) department, as part of a special investigation and audit into the account books of the Sahara Group’s Aamby Valley Limited (AVL), has slapped a Rs 24,646-crore tax demand and penalty R
Apr 26, 2017 at 14:39 | Source: Moneycontrol.com
Starting FY 2017-18, maximum loss set off from a rented house property against remaining income is limited to Rs 2 lakh.
Apr 21, 2017 at 08:00 | Source: Housing.com/news
With rapid computerisation, an individuals PAN (Permanent Account Number) has become an important document, for many financial and non-financial transactions. It is equally important for buying or selling properties or leasing it out. R
Apr 14, 2017 at 08:00 | Source: Housing.com/news
Taxation of rent received The Income Tax Act of India has a specific head of income, titled Income from house property, to tax the rent received by an owner of a property. So, any R
Apr 12, 2017 at 11:00 | Source: Housing.com/news
The Brihanmumbai Municipal Corporation (BMC) has proposed a surcharge of one per cent on the buying and selling of properties in Mumbai, to fund infrastructure projects. This would be enforced by the state government, R
Apr 07, 2017 at 13:03 | Source: PTI
The department said more than 245 benami transactions have been identified and provisional attachments of properties worth Rs 55 crore have already been made in 124 cases as per the amended benami transactions prohibition law which came into effect from November, 2016.
Apr 07, 2017 at 10:33 | Source: Moneycontrol.com
GST will not be charged on completed apartments or on rental income received by a landlord from a tenant for a residential unit. In case of commercial properties on rent, a service charge of 15% is currently levied as service tax. This will be replaced by GST.
Apr 04, 2017 at 13:13 | Source: Moneycontrol.com
Low home loan rates have improved affordability for most income groups and have made purchase of property viable. Demand-supply mismatch is also likely to push real estate prices higher. To wait further will be a fallacy on the part of home-buyers, Getamber Anand, President, Confederation of Real Estate Developers Association of India (Credai) said in an interview to Moneycontrol.
Apr 01, 2017 at 08:00 | Source: Housing.com/news
The rental housing market has many options, available at various rates. Consequently, it may be difficult for a prospective tenant to figure out how much to spend as rent. The answer to this, depends R