House Property

New Income Tax Return (ITR) Forms Introduced, Tax Slabs For FY 2017-18

Business | NDTV Profit Team | Thursday April 12, 2018

The ITR Form-1 (Sahaj) can be filed by an individual who is a resident having income up to Rs.50 lakh and is receiving income from salary, one house property/other income (interest etc.).

New Income Tax Return (ITR) Forms Seek Salary Breakup, GST Number. 10 Points

Business | NDTV Profit Team | Saturday April 7, 2018

The new Sahaj ITR form has been amended to incorporate the same details for salary and house property as in other forms, says a tax expert.

Income Tax Filing: Tenants Need To Deduct TDS From Rent Over Rs 50,000

Business | NDTV Profit Team | Thursday March 8, 2018

Tenants need to deduct TDS from the payable rent because renting a house property qualifies as a source of income and qualifies for tax liability.

Have You Filed Your Income Tax Return? Key Changes To Know This Year

Business | Chetan Chandak | Thursday July 27, 2017

Now the government has notified a simplified one-page form, called 'ITR-1 Sahaj', for individuals earning income from salary, pension, one house property and income from other sources.

New Income Tax Rules On Home Loan Come Into Effect. Details Here

Business | Sunday April 9, 2017

Now the limit that can set off against the loss from rented house property has been restricted to Rs 2 lakh per annum.

New Income Tax Rules On Home Loan Benefits, See Details Here

Business | Tuesday March 14, 2017

As per current tax laws, for properties rented out, a borrower could deduct the entire interest paid on home loan after adjusting for the rental income.

Opinion: Budget A Double Edged Sword For Real Estate Sector

Business | Vaibhav Sankla | Thursday February 2, 2017

The public sentiment has largely been that the burden of a narrow taxpayer base always falls on the few honest taxpayers, says Mr Sankla.

Bigg Boss 10, December 20, Written Update: Swami Om Manhandles Lopamudra And Rohan

Tuesday December 20, 2016

Bigg Boss 10: Swami Om tried to break the property of the house during the luxury budget task

Sahara Averts Foreclosure Auction of US Hotel Properties

Business | Press Trust of India | Saturday March 26, 2016

Sahara Group has been making efforts to raise funds including through refinancing of loans on these two hotels as also on the historic Grosvenor House property in London, to ensure release of its chief Subrata Roy from jail. He has been lodged in New Delhi's Tihar Jail for over two years.

Tax Benefits Available to Joint Owners of a House Property

Business | Saturday May 23, 2015

Pooling of funds and getting a higher loan sanction limit are some of the advantages of joint purchase. Joint ownership of a house property also has some tax benefits, let's understand them in detail.

Mumbai: Homi Bhabha bungalow set to fetch Rs 250-275 crore

Mumbai News | Press Trust of India | Thursday March 13, 2014

'Meherangir', the iconic bungalow once owned by the Homi Bhabha family in Malabar Hill area in south Mumbai, is up for grabs, and is likely to fetch Rs 250-275 crore, going by the base price.

Got more than one house? Tax saving tips

Business | Thursday March 27, 2014

We often focus on paying tax on our salary, deductions under section 80C, etc. and thereby simply neglect the house property income.

RBI asks banks not to overstate value of house property for loans

Business | Saturday February 4, 2012

"Some banks include stamp duty, registration and other documentation charges in house property cost."