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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
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Posts: 3656
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   Posted: 15/Aug/2009 at 11:50pm |
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But most of the people are bragging endlessly about how they bought low and sold high.
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ananthap
Newbie
Joined: 17/Jan/2009
Location: India
Online Status: Offline
Posts: 5
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Posted: 15/Aug/2009 at 10:01am |
Today 16/08/09 ET had an article on it. To quote from the article,
Quote]In addition, the deduction granted of interest on housing loan in case of self occupied house property is sought to be removed (currently, interest ost not exceeding Rs 150,000 is allowable as a deduction). Hence there are no benefits available for loans taken for self occupied house property.[/QUOTE]
HTH
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Sincerely,
Anantha
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 15/Aug/2009 at 10:44am |
Originally posted by Hitesh Shah
But most of the people are bragging endlessly about how they bought low and sold high.
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Hmmm....okay. You mentioned bragging, didn't you?
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Life can only be understood backwards—but it must be lived forwards
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
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Posts: 3656
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Posted: 16/Aug/2009 at 1:51pm |
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9StockPortfolio
Senior Member
Joined: 10/Sep/2008
Online Status: Offline
Posts: 479
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Posted: 16/Aug/2009 at 2:17pm |
Originally posted by Hitesh Shah
9Stock, you can also look here for more information.
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Thanks Hiteshbhai..
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Pursuit of Value
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Ashutosh
Senior Member
Joined: 05/Apr/2009
Location: South Africa
Online Status: Offline
Posts: 226
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Posted: 16/Aug/2009 at 3:59pm |
Originally posted by ananthap
Today 16/08/09 ET had an article on it. To quote from the article,
Quote]In addition, the deduction granted of interest on housing loan in case of self occupied house property is sought to be removed (currently, interest ost not exceeding Rs 150,000 is allowable as a deduction). Hence there are no benefits available for loans taken for self occupied house property. |
HTH
End [/QUOTE]
It will be become even more difficult for new home buyers...how will someone pay for high EMI as well as taxes.
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My tastes are simple: I am easily satisfied with the best
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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Posted: 16/Aug/2009 at 7:16pm |
9Stock, a little more here.... Things are looking " worser & worser" (if you aren't a corporate).
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ananthap
Newbie
Joined: 17/Jan/2009
Location: India
Online Status: Offline
Posts: 5
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Posted: 16/Aug/2009 at 8:36pm |
So HOW-TO become a corporate? What is the status of AOP? I know that partnerships are taxed at individual's rates.
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Sincerely,
Anantha
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