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How to verify online whether the land that you are about to purchase is poramboke or not

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Investing in land is a huge investment and one that needs to be carefully done. A lot of planning around the documentation and finance goes in before purchasing the land. Today, we will look at ways to confirm whether the land that you are purchasing is a private land or a government land being sold as private land.

Have you purchased a house in your relative's name? You won't lose Income tax benefits now

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The Mumbai Income tax Tribunal has ruled that if someone ahs entirely invested in a property, then the person is eligible for geftting full incomr tax benefit on investment even if the property has been purchased in a close relative's name.

Use date of allotment to calculate capital gains

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Taxpayers have always been confused about how to calculate capital gains. Income Tax (IT) determines that income tax is determined based on the period of holding. However, it does not mention the date when the period of holding starts. Does it start from the allotment date or when the day when sale deed is signed. Or does it begin the date when a property is registered.

5 ways to make sure property that you are purchasing is legal

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When buying a property, it is important to check whether the property is legal. People use multiple criteria to find whether the property being purchased is right or not. Listed below are some of the methods that can be used to check legality of a property.

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