deductions on purchase of a new house

This query is : Resolved 

18 September 2008 Kindly tell that if a person who has been abroad on deputation for 3 years. And now after returning to India He wants to purchase a new House in Metro City...
How to Purchase the house to get maximum tax benefits and Wealth Tax Benefits????

18 September 2008 one residential housing unit for an individual is exempt from wealth tax.

Please give sources of income for other planning advice

07 October 2008 can u kindly tell me under what section one resi house is exempt... I could not find the same.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries