Income tax Act of 1961
Co-operative housing society and the concept of mutuality
One of the most complex concepts in income tax act over the years has been the understanding of doctrine of mutuality. Different people and organizations decipher the doctrine as per their understanding, which often lead to confusion and possible law suits. Let us try and take a look at the core principles behind the doctrine […]
Tax Benefit on Home Loan & the Important Income Tax Act
Easy availability of home loans for various tenure periods has helped a large number of people in realizing their dream of owning a home. Apart from providing a flexible repayment approach for purchasing one’s home, home loans also help individual tax payers by offering various tax benefits. Let us look at various tax benefits offered […]
