A
Ajayghosh T S
I am an owner of two Houses, one is rented out and the other is self occupied.
Can I deduct Municipal Tax on self occupied house property while calculating
income from house property? Please give your clarification in this regard.
V
Vinodh Kumar Venkatesan Venkatesan
Hi,
I am a house wife. I am enrolled to a US university for 1 year online course. The first semester fees is 16 Lakshs INR.
I am borrowing this from my friend and paying the university. My friend will transfer the money to me online and I will pay the university.
Will I be asked to pay income tax for this ?
Borrowing cash ( online) from a friend for paying university - will it be taxed ?
N
Niru
Hi. 1. Can mother of Karta gift 20lacs to HUF? If needed tax can be paid on it.
2. If amount is invested in income MF, will it be counted as income of HUF or clubbed with Mothers.
Thanks !
M
Minkosh Kumar
Dear Sir,
I have taken home loan on my name from bank. But i have got my home registered on my wife name. Can i get income tax deduction on home loan interest part. kindly advice?
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The main question is how did you get the housing loan without owning or buying a house? Because either need to buy a land and construct the house or buy a ready made home for a housing loan. For more discussion kindly call 9587334442.
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