Hi, The Maharashtra goverment has come up with the new 1% VAT taxation for all the Flats Registration done on or after 1st April 2010....

Sir, I am owning two flats and I want to claim for taxa rebate on only one flat since the repayment on other flat is done....As per new taxation rules on home loans there is a ceiling of 2 lakhs on second house. For my case will it be considered as second house....

In this article, we go over the basics of TAXATION of real estate investments/transactions in India by individual investors....

Taxation based on income proportionatly is a novel method and would be fair to everyone irrespective of rich/poor..The biggest roadblock I envision is...

Can someone clarify whats being discussed as per IT Laws regarding 2nd homes. heard that from next yr onwards we will have to compulsorily assume that...

Firstly, under the present system of taxation, FBT is no longer applicable. The same has been replaced by perquisite-based taxation....Taxation on rented flat is lower...

Guys I had been thinking about a better way to collect taxes. Suddenly Baba Ramdev appeared on the TV and proclaimed his new method of tax collection-boom...

Hi Friends, Does anybody have idea regarding calculation of notional rent ? I want to claim notional rent for my second home, but there is no clear guideline...

Very true. Advantages of Company lease for a Tenant *The employer usually bears the cost of Stamp Paper,stamp duty,Registration &Brokerage *Employee need...

Consider the following points...: 1. If it is your first year..consider it as your base year for fixing the rent...you will have to increase the notional...