You have accumulated some cash and are looking to park it in an investment vehicle which gives you good returns. Depending on your risk appetite, you have various options that include stocks, mutual funds, provident funds, bank saving schemes, gold, commodities, and of course real estate. There are pros and cons of each investment option, […]
Why invest in Real Estate -10 killer reasons Read More »
If you live in a multi-family project, such as an apartment building, it can be noisier than a single-family dwelling in the suburbs. It doesn’t matter if the noise comes through old windows, thin walls or a nearby construction, a noisy apartment can be quite uncomfortable to live in. Although you may fail to completely
Sound Proofing for Apartments 101 Read More »
Section 54EC of Income Tax Act 1961 provides for tax exemption on capital gains from sale of any Long Term Asset (original asset) provided that capital gains are invested in specified bonds (new asset) within a period of 6 months after the date of transfer of original asset. For the purpose of Section 54EC: Original Asset
Section 54EC of Income Tax Act 1961 – Decoded! Read More »
“What are the additional charges when buying a house?”, asked one of our readers. So, we thought of writing a detailed post on the topic and clearing the doubt once and for all. All of us want to buy a house or invest in property at some point in our lives. Isn’t it? Once you
17 Additional Charges When Buying a House Read More »
Section 54D of Income Tax Act 1961 provides for tax exemption on capital gains that arises from compulsory acquisition, under any law of capital asset, of land or building or any right in land or building (original asset) belonging to an industrial undertaking. Following conditions should be satisfied to claim exemption under section 54D: 1.
Section 54D of Income Tax Act 1961 – Decoded! Read More »
Before you buy a property, you must check all property documents to make sure that you buy a genuine property. The documents that need to be checked are different for under construction and ready to move properties. Here is a list of all property documents to check before buying a flat or plot. Property Documents
Property Documents to check before buying a Flat or Plot Read More »
Cost Inflation Index is used for computation of long term capital gain/ loss from the sale of assets such as property, gold, shares, bonds etc. While calculating applicable capital gain tax, the index is used to reduce inflationary gains which eventually reduces the income tax liability. What is Cost Inflation Index? The value of an
Cost Inflation Index | Capital Gain Index | Upto 2014-15 Read More »
Section 54B of Income Tax Act 1961 applies to an individual or Hindu Undivided Family. Section 54B provides for tax exemption on capital gain that arises from sale of agricultural land (original asset) provided that 1. The land was being used by the assessee or his parents for agricultural purposes for atleast last 2 years
Section 54B of Income Tax Act 1961 – Decoded! Read More »
Want to buy or sell property? Not sure whether to use a real estate agent or not? While doing the work yourself can save you some money, the deal can end up being costlier than agent’s commission. Perhaps you are not aware how a Real Estate Agent can help you. Here is our list of
Why Use A Real Estate Agent? – 10 Compelling Reasons Read More »
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 satisfied under section 54 Who can claim exemption under section 54 of Income Tax Act? Any
Section 54 of Income Tax Act 1961 Read More »