Limited number of senior citizens could avail ITR filing exemption

To provide relief to senior citizens aged above 75 years, the government, in its Budget 2021, has proposed an exemption for them from filing Income tax returns (ITRs). However, this exemption is available only to those who fulfill certain conditions and experts feel that this will limit the number of senior citizens who can benefit from this. […]

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How to Claim Income Tax Exemption on loan for under construction property

I own an apartment in Chennai bought with a home loan which is running, where my parents are staying and for which I am claiming income tax exemption. In August 2019, I booked an under construction apartment in Bangalore which is still under construction and will be ready by March 2022. I have taken a home loan […]

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