Buying a house is a dream for millions of people in
India. The government has provided various tax benefits to individuals to
encourage them to buy a house property under the ‘housing for all’ initiative.
One of the important things to note is that if the property is held jointly,
individuals can receive additional tax benefits for the same cost. Highlighted
below are the possible tax benefits if the house property is held jointly. A
house can be held jointly with anyone not necessarily a spouse or parent, but
it can also be with a relative, friend or even a business associate.
Showing posts with label Important tax benefits of buying a house jointly U/s 24B. Show all posts
Showing posts with label Important tax benefits of buying a house jointly U/s 24B. Show all posts
Thursday, 30 January 2020
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