Guides on House Property taxation

Property Taxation for NRIs

The rental income and short-term and long-term capital gains on the sale of property by NRI are liable to tax. They are eligible to certain exemptions like section 54, 54EC and 80C. This guide by H&R Block India explains the same.

Tax Benefits for Co-ownership in Property

The co-owners of a property can jointly claim tax benefits u/s 80C, 24(b), 54EC and 54F regarding home loans and capital gains on the sale of the property. Besides tax saving, there are several other advantages too which is explained in this guide by H&R Block India.

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