by Damini Patil | Jan 24, 2022 | Tax Planning
While filing I-T Return, the taxpayer first computes gross income from various sources. This gross income amount is arrived at by excluding the amount of incomes which are exempt from tax for instance an exempt portion of house rent allowance (HRA). The resultant...
by Damini Patil | Jan 24, 2022 | Tax Planning
Buying a house with a home loan has definite tax benefits in the form of deduction against home loan interest paid and home loan principal repaid. Besides these, from the financial year 2019-20 i.e from the assessment year 2020-21, you can also save tax through an...