New Delhi, April 20 -- I have taken a home loan in May 2022. I got possession of the flat in March 2024. I will get the income tax benefits in respect of interest paid as well as the principal amount ... Read More
New Delhi, April 16 -- With skyrocketing prices of houses, an average person can't buy a house without taking a home loan. In this article, we will discuss various aspects of tax benefits available fo... Read More
New Delhi, April 16 -- I have inherited some shares which are in demat mode. I have no idea what was the purchase price of these shares. If I sell these shares in the market, then how to calculate lon... Read More
New Delhi, April 11 -- I am sellingthree residential house properties all during the financial year2024-25. My aggregate indexed long-term capital gain fromthe sale of all three properties is Rs.95 la... Read More
New Delhi, April 4 -- I wish to obtain a home loan for booking an under-construction property. Can you please guide me on how to go about it? When would I be able to get the tax benefits for the home ... Read More
New Delhi, March 28 -- Can a widowed daughter-in-law demand her share or dissolution of her father-in-law in which her late husband was a coparcener? Under Hindu Law, two categories of members consti... Read More
New Delhi, March 23 -- I am planning to buy a residential property from a person who is a resident of Australia for Rs.75 lakh. I understand that since the sale consideration exceeds 50 lakhs I have t... Read More
New Delhi, March 12 -- I booked a residential apartment in March 2021 and paid Rs.50 lakh ( Rs.18 lakh down payment + 38 lakh home loan), which is being sold for Rs.95 lakh now. The apartment is now r... Read More
New Delhi, March 8 -- I presume that it would be legal for taxation purpose in case we form a HUF with the following structure as we have 2 coparceners. Father - Coparcener - Karta Mother - Member ... Read More
New Delhi, Feb. 27 -- I intend to make a gift of Rs.1 lakh to my adult daughter. What will be the tax implications of this gift for me as well as my daughter? Do I need to follow any procedure for mak... Read More