4 important tax benefits of buying a house jointly
Buying a house is a dream for millions of people in India. The government has provided various tax benefits to individuals to encourage them to buy a house property under the ’housing for all’ initiative. One of the important things to note is that if the property is held jointly, individuals can receive additional tax benefits for the same cost. Highlighted below are the possible tax benefits if the house property is held jointly. A house can be held jointly with anyone not necessarily a spouse ..