Property Ownership
This query is : Resolved
15 July 2010
Hi All,
I am about to buy 2 flats, one for residential purpose and one for sale in future. Kindly suggest me for for better tax saving.
Thanks
Ankur
I am about to buy 2 flats, one for residential purpose and one for sale in future. Kindly suggest me for for better tax saving.
Thanks
Ankur
15 July 2010
Buy one flat in your name and second one in your one of family member.
If they don't have money; you can lend them and charge interest.
If you buy both the houses in your name; deemed rent is taxable in your hand whether you actually receive or not.
If they don't have money; you can lend them and charge interest.
If you buy both the houses in your name; deemed rent is taxable in your hand whether you actually receive or not.
15 July 2010
fully agree with dear sir.
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