Re: Is sibling be co-owner in the house loan
by Sameek Banerjee on Dec 30, 2010 04:53 PM
Yes .. you can take joint housing loans with your parents and in the proportion of the your ownership both you and your parents can have tax benifit. Check up any HDFC office.
Stamp duty & registration charges towards buying new residential property is eligible for income tax dedcution. plz confirm under which section & how can claim.
Re: Re: Income Tax deduction
by Sameek Banerjee on Dec 30, 2010 04:56 PM
Yes.. you can claim tax benifit on stamp duty & registration under 80C.. but only if the registration was done in the year of property complition.
senior citizens may be allowed to invest the excess interest received on fixed deposits in infrastructure bonds therby the excess interest earned on deposits in banks to investment in infrastructure bonds - banks to issue infrastructure bonds to its depositors - to extend perview of the Section 80CCF - opinions differ