Income Tax : Discover the essentials of home loans, including eligibility, considerations before applying, benefits like tax exemptions, and th...
Finance : Unlock secrets to smarter home loans in India. Learn how to save on interest, secure your financial future. Navigate pitfalls, imp...
Finance : Learn difference between Loan Against Property and Home Loan. Uncover nuances between two different types of mortgage loans to mak...
Income Tax : Understand Section 24(b) of the IT Act for pre-construction interest on home loans. Learn when to claim deductions with a detailed...
Finance : Navigating home loan options can take time and effort. With all the jargon and percentages flying around, making a decision can be...
Finance : Launched in January 2018, Bajaj Finserv’s new website is a perfect example of consumer satisfaction. Why? Well, it’s because o...
Finance : Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of a new home loan, w...
Finance : ICICI Bank, India’s largest private sector bank by consolidated assets, today announced reduction of interest rates by upto 30 b...
Corporate Law, Income Tax : Credit Linked Interest Subsidy scheme for tax paying Middle Classes made effective from January 1 this year. Those sanctioned hous...
Finance : ICICI Bank launches ‘Mortgage Guarantee’ backed loans for affordable housing sector First bank in India to offer this facilit...
Income Tax : During the appellate proceedings, the assessee has submitted that it has taken loan for purchase of two residential properties whi...
Income Tax : Vishwa Kalyan Society Vs DCIT (ITAT Ahmedabad) Brief facts of the case are, that the assessee is a Charitable Trust, having income...
Income Tax : The issue under consideration is whether the default in home loan by the owner of the property can be the reason to disallow the c...
Income Tax : NOTIFICATION NO. 93/2008, DATED 30-9-2008 Reverse Mortgage means mortgage of a capital asset by an eligible pcrscn against a loan ...
Consider crucial factors like interest rates, loan tenure, amount, down payment, and fees before applying for a home loan. Navigate the home-buying process wisely with informed decisions.
These days, many banks and NBFCs are offering home loans and borrowers have plenty of options to choose from. It is easy to get approved for a home loan and buying a home is not as difficult as it once was. However, borrowers must be extra careful while availing a home loan – the rule is simple borrow what you can easily repay
During the appellate proceedings, the assessee has submitted that it has taken loan for purchase of two residential properties which have been allotted to two Directors for their residential purposes. It was submitted that the perquisite value on account of residence has been accounted for in the income of the Directors and has been offered for taxation.
Today, there are options aplenty for getting funds for any kind of financial emergency. One of the ways to obtain hefty funds is through a loan against property. This type of loan gives you immediate access to funds, while requiring you to pledge your residential or commercial property as collateral.
Whether or not the assessee was entitled to a deduction for interest paid on a loan used to purchase a residential home since he had not taken possession of the property
A home loan is a secured loan that is acquired from a bank or financial organization for the purpose of buying a property by pledging the asset as security. Home loans provide high-value financing with reasonable interest rates and lengthy terms. The borrower receives the title to the property back after repayment through EMIs.
You need to remember certain things when you apply for a home loan to avoid your application from getting rejected. For instance, you need to submit all the required genuine documents. Besides that, here are the other things to keep in mind to avoid a loan rejection.
Maximize your tax savings with additional deduction of interest on housing loan. Learn how you can claim deductions under section 80EE & 80EEA.
It’s that time of the year when you need to invest in different investment products to enable tax savings for FY 2021-22 OR else regret after March that you did not utilize the benefit of various deductions available for you Now a days, nobody wants to invest just for Tax savings, everybody wants such investment […]
Introduction: Recently one of my Techie clients from the city of Bengaluru had moved into a new flat and something else was running in my mind when he took my assistance in filing his income tax return (ITR), a Young techie of around 34 years having a salary of around Rs 2 million per annum […]
