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Section 24 of the Income Tax Act: Understanding Deductions from House Property Income

Jul 23, 20248 min read

Income Tax Department

Section 24 of the Income Tax Act: Understanding Deductions from House Property Income

Every Indian wants to possess their own house, either by construction or purchase. Purchasing a home not only reflects a prosperous...

Home Loan Tax Benefit: How to Save Tax on Home Loan?

Dipali Waghmode

Feb 29, 202412 min read

Income Tax Department

Home Loan Tax Benefit: How to Save Tax on Home Loan?

The Income Tax Act, of 1961, provides several deductions on home loans that can significantly reduce your tax liabilities. Notably, the...

Section 24 of Income Tax Act: Tax Deductions from House Property Income

Rashmita Choudhary

Jul 2, 20239 min read

Section 24 of Income Tax Act: Tax Deductions from House Property Income

Owning a house can indeed be very rewarding; not in real estate value only but for tax benefits. Section 24 of the Income Tax Act has a...

Section 54 of Income Tax Act: Capital Gains Exemption Series

Rajesh Kumar Kar

May 1, 202316 min read

Section 54 of Income Tax Act: Capital Gains Exemption Series

Selling a home can be an emotional and significant financial decision. While the excitement of moving on to a new chapter is undeniable,...

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