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.
Showing posts with label Income Tax Form 16 Part B for F.Y. 2017-18. Show all posts
Showing posts with label Income Tax Form 16 Part B for F.Y. 2017-18. Show all posts
Sunday, 25 March 2018
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