Taxation


For all homebuyers, taxes form a major component of the financial planning when investing in a house. The cost of the house is much more when income tax, property tax, GST etc. are taken into account. The experts at KnowHome believe that knowing about taxation during home buying can prepare you as a homebuyer to channelize taxable income while complying with necessary tax payments, thus reducing legal hassles and making the home buying experience a delightful one. By knowing about taxation, different tax-saving provisions, the tax benefits from co-ownership, and the various sections of the Income Tax Act of India, as a homebuyer, you can manage taxes well and ensure that your financial commitment is smartly taken care of.

When buying a house, knowing the Tax Benefits offered by the Indian Income Tax Act can help taxes.

What are the Important Tax Benefits for Homeowners?

Co-ownership of Property as a Married Couple to managing taxes well

What are the Income Tax Benefits from Co-Ownership of a Property by a Married Couple?

House choice and buying process taking into consideration the concept of Circle Rate and its effect on Income Tax.

What is the Effect of Circle Rate on Income Tax Calculation?

Tax Benefits under Section 54 when buying a new residential property by utilizing Capital Gain

What are the Income Tax Benefits if you sell an Asset to Buy a House?

Expert Content: Valuable Inputs on Legal Aspects shared by Adv. A. R. Bhavani Shankar