Income Tax and Wealth Tax.

What are the Income Tax and Wealth Tax implications
of owning more that one Residential Flat or House.
in Delhi / Gurgaon.? more  

View all 14 comments Below 14 comments
@mandeep
1. her son has invested in construction amount on her behalf in newly built half portion
2. owner of land and old house was Father-in-law now expired more  
Has
1.She paid any sum for purchase of House Property
2.Is she owner of the house in the Corpn . Records more  
@mandeep, i have a querry,
suppose i have a house and my wife wants to rent half of it under her name on regular agreement to a tenant, is it legally ok if she shows the rent in her returns. more  
One self occupied house has a Annual Vlaue of Zero.In other words income exempt from Tax.More than one house you have to add inyour income the rental value it command in the market. more  
Chakreshji. You wont believe Google is our most Loyal Member. He / She is our CA, Doctor, Guide. Answer to any information correctly and promptly. And that too free, 24/7. God Bless the person who brought us this Google. more  
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