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The bombay rents, hotel...

Some additional information...

NRI

The Bombay Rents, Hotel and Lodging House Rates (Control) Act,1947:

Taxation:
  1. Wealth tax: A look at the legalities involved in wealth tax.

  2. Gift tax: A look at the legalities involved in gift tax.

  3. Build now to cash in on the FM's incentives: R N Lakhotia

  4. Flat out on capital gains: Paying the first instalment of a DDA flat with capital gains from sales of another property too, can secure tax rebates. Subhash Lakhotia

  5. Repairs are a taxing business: Landlords and tenants are judged by different yardsticks when it comes to renovation of business premises.
    R N Lakhotia

  6. Owner in spirit is an owner anyway: Supreme Court considers power of attorney too ownership R N Lakhotia

  7. Why not allow two houses abroad?
    This move would fetch the government immense revenue in wealth and income tax too. R N Lakhotia

  8. Tax planning tips for real estate investment
    Did you know that long term capital gains for individuals and HUF's are exempted if the sale consideration of any other capital asset is invested in purchase of a residential house provided the assessee was not owning any other residential property...

  9. Budgetary amendments
    The introduction of wealth-tax is applicable even in the case where a commercial complex constructed is not sold and remains unoccupied. 

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