Tag: income tax

Property Investment Check List

Money invested in real estate, for income and capital growth, grants stable and expected returns, parallel to bonds. Like other investment option, this too, has certain threats attached to it. Following are the elementary factors affecting the value of a particular property. Location: The location of a building is a important factor in determining its […]

Good Budget For Real Estate Sector

The Indian real estate sector has  largely welcomed the overall effect of  the budget, although saying that it could have done more for the industry. Pradeep Jain, chairman of Parsvnath Developers Ltd. told that the budget will enhance the socio-economic infrastructure of the country by giving needed emphasis to education, health and hospitality sector. The […]

BJP will Advise The Government For Real Estate Regulatory Authority

NEW DELHI: The BJP will represent to Prime Minister Manmohan Singh, now the need for setting up the Real Estate Regulatory Authority, in order to prevent fly-by-night builders from cheating innocent people, who put in their lifetime earnings into their dream house project.

Avoid Getting Your Income Tax Return Invalidated

As per the orders of the Supreme Court, it is now compulsory to file income tax return using the new prescribed forms ITR-8. Those who had filed their returns for A.Y. 2007-2008 in the form no. 2D i.e. SARAL form or any other old forms on or after 14th may, 2007 can re-file their returns […]

Facts About Taxable Income

Income is very broad term. If we talk about salaried person, the payment and facilities he or she received is said as his or her income. In case of businessman, the net profits will constitute income. Dividend, Commission and Interest etc are also called income. In Income tax act, income is categorized into 5 different […]