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Tag: joint owner

Home ยป joint owner

Legal
By Anuradha RamamirthamFebruary 6, 2025

Can a property be sold without consent of co-owners?

Selling a house with co-owners is a difficult process because everyone having a share has to firstly agree for the sale and secondly comply with all the rules necessary for the sale. If a … READ FULL STORY

Taxation
By Harini BalasubramanianAugust 28, 2024

What are the tax implications of a jointly owned property?

Buying a property is a preferred investment option in India. A property can be owned solely by an individual or co-owned by two or more individuals. People often prefer to purchase a property with … READ FULL STORY

Must Knows
By Amit SethiJune 2, 2022

Benefits of buying a home in the wife’s name

There are several benefits to buying a property in a womanโ€™s name, either as the sole owner or as a joint owner, with governments and banks offering several sops. โ€œAspiring home buyers can seek … READ FULL STORY

Taxation
By Anuradha RamamirthamAugust 1, 2024

How to claim tax benefits on joint home loans?

The tax law allows you to avail of certain benefits with respect to home loans. The benefits are available under Section 24(b) for interest paid and under Section 80C for the principal repayment, subject … READ FULL STORY

Current News
By PTIJanuary 11, 2020

I-T Department to notify new ITR form for joint owners of property

The government, which usually notifies forms for filing income tax returns by individuals in April every year, on January 3, 2020, notified the tax return forms for assessment year 2020-21 (income earning year April … READ FULL STORY

Must Knows
By LawratoApril 22, 2022

How to divide a property during a divorce

A divorce between a couple, not only terminates the legal relationship between the couple, but it also requires that the property that is shared by the spouses be divided. Upon divorce, the couple is … READ FULL STORY

Current News
By PTIJune 10, 2017

Woman who converted on religious grounds, goes to court for right to parental property

Does a woman forfeit her right to her parent’s property, because she converted from Hinduism to Islam? That is the question before a Delhi court, which is hearing a civil suit from a 33-year-old … READ FULL STORY

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