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  1. CA Sunil Chahal

    Home loan benifit in case of joint ownership

    In case of joint home loans, there are tax benefits that you can avail of. Here’s what you need to know: Ownership Requirement: To claim tax benefits, you must be a co-owner of the property. Being a joint borrower alone isn’t sufficient. The property’s construction must be complete; benefits...
  2. CA Sunil Chahal

    Comprehensive Guide on tax harvesting for long-term capital gains (LTCG)

    Step 1: Identify LTCG investments Review your investment portfolio and identify assets held for more than 1 year that have shown gains. These qualify for LTCG. Step 2: Check the LTCG exemption limit In India, LTCG up to ₹1 lakh on equity shares and equity-oriented mutual funds is exempt from...
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