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Showing posts with label Automated Income Tax Salary Certificate Form 16 Part B for F.Y.2017-18. Show all posts
Showing posts with label Automated Income Tax Salary Certificate Form 16 Part B for F.Y.2017-18. Show all posts

Sunday, 25 March 2018

How To Calculate Income Tax Benefit on Joint Home Loan? –  In the latest budget speech finance minister has announced that tax incentives limit of deduction on interest paid on borrowed funds for a self-occupied house would be increased. If this is the case of Joint ownership, tax benefit also doubles. As per the Income Tax rule tax benefits on a joint home loan can be availed by all the joint owners based on the certain condition which are needed to be fulfilled.