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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- Cash balance limit and property purchases limit
- EXPORT COMMERCIAL INVOICE HSN CODE
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
