Moneycontrol PRO

business

What are the tax implications of buying a second home?

While explaining tax implications of buying a second home, Naushad Panjwani, senior ED, Knight Frank India said a person can declare one of the two houses as a self occupied property and offer the other house for income under the house property.

first published: Feb 4, 2014 05:56 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai