Income-tax Act 1961

Claim Deduction of Home Loan Interest from Employer
In the recent past, salaried employees have shown keen interest in taking advantage of the tax provisions by making investment in the residential house property. lt is very well known fact that salaried employee like any other tax payer were to construct a residential house property or were to buy a residential house property by […]

Finance (No. 2) Bill 2014: Amendments in Real Estate (Part II)
The Finance (2) Bill 2014 contains may of amendments to the Income-tax Act, 1961 specially with reference to the Real Estate Sector. The Finance Minister has proposed hundred new cities and urban development through the concept of Public Private Partnership. It is expected that this type of announcement by the Finance Minister will make a […]