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Why you still need a legal opinion when buying property-even with a bank loan

New Delhi, June 30 -- While buying a property one not only uses all his past savings but also commits his substantial future savings, in the form of EMI (Equated monthly instalment) if a home loan is ... Read More


Can I legally pay branch rent to HUF when the property is registered in individuals' names?

New Delhi, June 24 -- Q. I am working as Branch Manager in one of the SBI branches and I have one problem regarding the payment of rent of the building of the branch. Please advise me in this regard. ... Read More


What happens to the tax exemption on NRE and FCNR interest when I become an RNOR?

New Delhi, June 23 -- Q. I have been an NRI for the past 24 years. I have some NRE and FCNR deposits which will mature after 1-April-2026. If I come back to India in July 2025 for good, my residential... Read More


Income Tax: Can I claim relief under Section 89(1) without a break-up of salary arrears?

New Delhi, June 20 -- Salary becomes taxable earlier on receipt or on a due basis. So any salary received in advance becomes taxable in the year of receipt even if the same has not become due. Likewis... Read More