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Tax on rental income and applicable deductions

Tax on rental income and applicable deductions

While income tax laws prescribe certain taxes on a person, who receives any rent from a property which he has let out, the tax payer is also allowed to claim certain deductions out of such income. We examine the legal provisions

Sunita MishraMay 2024

TDS on rent under Section 194I

TDS on rent under Section 194I

Rent received by a property owner is subject to tax deduction at source.

Sunita MishraMay 2024

What is sale deed? How is it different from agreement to sell?

What is sale deed? How is it different from agreement to sell?

An agreement for sale of an immovable property is not the same as a sale deed for the same property.

Sunita MishraApr 2024

Crystal tortoise face direction in home: Feng Shui and Vastu tips

Crystal tortoise face direction in home: Feng Shui and Vastu tips

We explain where to keep the lucky tortoise idol in your home, to attract luck and good fortune. When keeping a crystal tortoise, its face must be towards the right direction to invite positive energy in your home.

Harini BalasubramanianApr 2024

Guidance value Bangalore 2024: Revised rates, property tax impact

Guidance value Bangalore 2024: Revised rates, property tax impact

The Kaveri Guidance Value will help know stamp duty, registrations charges to be paid in a property transaction.

Anuradha RamamirthamApr 2024

Vastu colour for home, kitchen, bedroom, wall and more

Vastu colour for home, kitchen, bedroom, wall and more

When it comes to Vastu colours for home, hall colour combination is as important as master bedroom colour as per Vastu. We get you expert advice on selecting the right Vastu colours for home.

Anuradha RamamirthamApr 2024

Tips to deal with illegal property possession

Tips to deal with illegal property possession

Amid rising instances of land grabbing and illegal occupation of properties, we look at what a landlord can do to steer clear of trouble.

Sunita MishraApr 2024

Types of joint ownership of property

Types of joint ownership of property

There are four major ways to own a property jointly. These include tenancy in common, joint tenancy, tenancy in entirety and coparcenary. We examine each of them

Sunita MishraMar 2024

How to identify a serious buyer while selling property?

How to identify a serious buyer while selling property?

We list some of the signs that can help a homeowner or real estate broker to identify genuine buyers from among the numerous home seekers who may inquire about a particular property.

Dhwani MeharchandaniMar 2024

Is stamp duty applicable on resale flats?

Is stamp duty applicable on resale flats?

Do buyers have to pay stamp duty, registration fee on purchase of resale property?

Sunita MishraMar 2024

Griha Pravesh Muhurat in 2024: Best nakshatra, month-wise dates

Griha Pravesh Muhurat in 2024: Best nakshatra, month-wise dates

Find out the auspicious festivals and months considered ideal for Girha pravhes puja to bring good fortune for new homeowners.

Harini BalasubramanianFeb 2024

What is stamp duty? How does it affect a homebuyer?

What is stamp duty? How does it affect a homebuyer?

Stamp duty is a tax imposed on transfer of rights in a property.

Sunita MishraFeb 2024

RBI repo rate in February 2024

RBI repo rate in February 2024

The key policy rate now stands at 6.5%.

Sunita MishraFeb 2024