Many middle class investors in India, especially those from the IT sector, are buying houses. Then there are many who are buying their second homes. Returns from real estate as an investment avenue is only second to equity. And to make it more simpler, you have home loans to assist you in buying your lovedRead More
tax on real estate
How is Income from House Property Calculated
The Income Tax Act of India has five heads of income, of which “Income from House Property” is one of them. This article teaches- how to find the income from the home you own or how is income from house property calculated In order to calculate the income from house property, one needs to knowRead More
What is Annual Value of House Property ?
The Income Tax Act of India has five heads of income, of which “Income from House Property” is one of them. In order to calculate the income from house property, one needs to know the annual value of the property. The annual value of a house property is the basis to calculate income under thisRead More