Real Estate

tax-on-sale-of-property

Tax on Advance forfeited on Property – Section 56(2)(ix)

The Finance Act 2014 which was presented by Arun Jaitley has brought in several amendments one of which is Section 56(2)(ix) which deals with tax treatment of advance forfeited on… Read more

tax-on-sale-of-property

Tax on Sale of Property in India:- Guide to All Taxes

At the time of any real estate transaction, there are several taxes on sale of property. Some of these taxes on sale of property are to be borne by the… Read more

Loss from House Property

Loss from House Property: Income Tax Treatment

Loss from House Property is a fairly popular scenario and commonly arises while filing the Income Tax Return. In this article, we would mainly be focussing on the Reason for Loss… Read more