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Tax Implications You Should Know While Renting Out Your Property

Tax Implications You Should Know While Renting Out Your Property
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Rajiv Bajaj , Income Tax Act , Net Annual Value , Gross Annual Value , Housing Loan ,

Are tax sops enough to make real estate investments appealing?

Rental yields offer better returns than most other investments because of the tax sops offered by the government. ....

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Income Tax Return: Here is how to calculate income from residential, commercial property while filing ITR

Income earned from renting residential property is taxed under the head Income from House Property under Income Tax Act and is subject to tax based on the gross annual value ....

Yeeshu Sehgal , Income Tax Return , House Property , Income Tax Act , Gross Annual Value , Net Annual Value , Tax Market , Calculate Income From House Property , Annual Value , Municipal Taxes , Asset Value , Standard Deduction ,

nav: ITR filing: How to calculate net annual value from house property, deductions allowed from rental income

If you are a landlord who derives rental income through letting out of his/her house property, then you must know how to calculate net annual value (NAV). Read here to find out how is NAV calculated and which deduction can you claim if you have put your house on rent. ....

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How to calculate gross annual value of house property for ITR filing

A taxpayer needs to calculate gross annual value (GAV) of his/her house if it is either put on rent or there are more than two properties and the additional properties are lying vacant. Read below to find out how to calculate GAV of a house if it is applicable to you. ....

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