Post by: Marlin Priya in Government Initiatives Income Tax
House Property Incomes Exempted from Income Tax The Government of India levies Income Tax on the earning of an individual from income earned from house property. Income from house property must be included as a part of the total income…
Post by: Sreeram Viswanath in Government Initiatives Income Tax
Income From House Property The term ‘house property’ denotes any building, land or apartment owned by a taxpayer. Under the Income Tax laws, house property could also refer to any property such as warehouses, cinema complexes, factory sheds, agricultural land,…