I wanted to know buying a Resale Flat in Mumbai is beneficial or a Newly launched property in Mumbai. Can I get TAX benefit in Resale Flat?? Note: I am buying it for Investment purpose I will be funding it with Loan money and with my own Savings.
Hi, can you explain me how service tax is charged on constructing flats for eg: BCP 2613600 and EB+WATER +PLC+INFRA CHARGES are included seperately in construction agreement they have mentioned 1854400 is construction cost but service tax is charged on 72% of BCP (2613600*72%) is right method ?? and service tax charged seperately on EB+water…etc […]
A buyer already has a property for which s/he is paying 1/3 of her/his monthly income as EMI. Also, another 1/3 goes for house expense, and the other 1/3 goes for investment. Buyer’s spouse is also working professional (spouse’s income goes ONLY to investment), and the couple wants to buy a 2nd property now. What […]
Hi, If a person has 2 houses and if he sells one of them and use that money in settling the home loan on other house then will the CG be exempted?
I am about to purchase a new property which is in a joint venture of builder and land owner. If I go with land owner share then I will not have to pay VAT and service tax as said by the land owner and marketing guys. So please let me know if it is correct […]
Dear all this is Venu Rao, I am presently working in coal india from past one month,unmarried and still had 30 years of retirement and living in company quarter. My mother is pensioner around 8k per month. My mother got death benefits of my late father around 60L.As we don\’t own any plot and home […]
Hi Team, we have recently brought a flat in Bangalore costing about 16 lakhs( under construction property) for which we have paid 8 lakhs and remaining 8 lakhs we have planned to go under loan. Still the builder has not yet registered the land from the seller but is already asking us to pay service tax […]
Is it a good idea to take a home loan to invest in a flat. The only intention is to sell the flat later. Do not intend to stay there. Thinking of taking 80 % as loan. Salary – 60 K per month. No other source of income. Flat price – 35 lakh.
I want to stay in a new rented house. I asked to complete the wood works of the house before I will stay there. But the owner is asking for full advance money for that, then only he can start the wood works. Can I prepare an agreement paper for my future safety?
Dear Sir, I gave Rs.5Lacs cheque in favour of VSR Infratech Pvt.Ltd. alongwith Application Form to Agent Mr.Narendra Walia to purchase Serviced Appartment No.SA-9/72 in VSR68 Avenue,GURGAON. Builder neither issued receipt,allotment letter,agreement etc. and refused to pay back Rs.5 Lacs and threatened me. I have already lodged police complaint. What else should be done? How […]
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