warehousing rental

Warehousing Rental Receipt is Income From House Property or Business ?? !

Persons who are involved in the business of rental of space in warehousing , often , get confused whether the income should be shown...
deduction u/s 24

Can You Claim Deduction u/s 24 &Section 80C if Home Loan Borrowed From Friends...

The deduction of interest u/s 24 of the Income Tax Act is allowed even when the house property is self occupied . It also...
home loan prepayment charges

Home Loan Repayment Charges Allowable Deduction u/s 24(b)

It is well known that home loan interest is allowable u/s 24(b) of the Income Tax Act. It is also common among the home...
compund interest

Compound Interest on Home Loan Not Allowable as Deduction under section 24!

The home loan entitles a person so claim deduction of interest payable on the amount borrowed and utilized for the purpose of buying or...
http://taxworry.com/section-26-property-owned-by-co-owners/

Can Wife Claim Deduction of Interest & Under Section 80C Despite Husband Paying...

Me and My husband have taken a home loan last year. It was a joint loan on a property. EMI is paid from my husband's salary account. Can I take tax benefits for it even though I am not contributing to paying EMI. The interest statement has names of both of us. Rashmi, Delhi Yes
renting house

Why Renting of House is Better Tax Planning !

This post suggesting tax planning is for those clients of yours who have more than one house and wants to save on tax on...

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