Five simple rules of taxation of income from house property under DTC 2010.

The Direct Tax Code has really simplified the taxation of income from house property. Following are the most important provisions for taxation of income from house property:

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Can HRA exemption, 80C deductions & Interest deduction be claimed together?

House rent allowance exemption and interest deduction including 80C deduction for payment of principal amount of loan is one of the most sought after query by readers of this blog. Therefore, when Mr Nag of Banglore asked “I have an independent home in B’lore(under bank loan) and I am staying in B’lore in rented house(3BHK). Can I...

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