Section 54 of Income Tax Act 1961

Section 54 of Income Tax Act 1961 provides tax exemption on capital gains that result from sale of residential house property. In this article we will discuss about tax exemptions available under section 54 in detail. Conditions to be…

Home Improvement Loan Tax Benefit Guide

Renovating a house can put financial strain on your pocket. To ease off such a pressure, you can take home improvement loan, also called as house renovation loan. Most people do not know that they can avail tax benefit on home improvement…

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