Section 25A of the Income Tax Act, 1961, deals with the taxation of arrears of
SPECIAL PROVISIONS WHEN UNREALISED RENT IS REALISED SUBSEQUENTLY [SEC.25A]
Section 25A of the Income Tax Act, 1961, deals with the special provisions applicable when
HOW TO MAKE SELECTION IF MORE THAN TWO PROPERTIES OCCUPIED FOR OWN RESIDENTAL PURPOSE
Property Property Property Property Property Property 1 ₹10,000 ₹8,000 ₹7,000 ₹8,000 Property 2 ₹12,000 ₹9,000
WHEN IS A PART OF PROPERTY IS SELF-OCUUPIED AND A PART IS LET OUT
When a part of a property is self-occupied and another part is let out, the
A HOUSE PROPERTY WHICH IS NOT ACTUALLY OCCUPIED BY THE OWNER OWING TOEMPLYOMENT OR BUSINESS / PROFESSIONAL CARRIED ON AT ANY OTHER PLACE [SEC.23 (2) (b)
Under Section 23(2)(b) of the Income Tax Act, 1961, a house property which is not
INTREST ON BORROWED CAPITAL [SEC.24 (b)]
Interest on Borrowed Capital, also known as Section 24(b) deduction, is a provision under the
INTREST OF PRE-RECONSTRUCTION PERIOD
Pre-construction interest, also known as pre-paid interest, is the interest paid on a housing loan
HOUSE PROPERTY FULLY UTILISED THROUGHOUT THE PREVIOUS YEAR FOR SELF RESIDENTAL PURPOSES [SEC.23 (2) (a)]-
A house property fully utilised throughout the previous year for self-residential purposes is a property
COMPUTATION OF ANNAUAL VALUE OF TWO SELF OCCUPIED
When it comes to computing the annual value of two self-occupied properties under the Income
INTREST ON BORROWED CAPITAL [SEC.24 (a)]
Interest on borrowed capital is a type of deduction that taxpayers in India can claim