Section 24 News Today

The High Court held that proviso to Section 24 of RTI Act is applicable to CBI and its purpose is to provide information on human rights violations and corruption.

Under section 24(b) of the Income Tax Act, home loan borrowers can claim deduction of up to Rs 2 lakh per annum for interest paid on a home loan.

The Delhi High Court recently ruled interim maintenance cannot be awarded to the wife under Section 24 of the Hindu Marriage Act,1955 when both spouses possess the same qualifications and are earning equally.

I can still hear my tenant crying down the phone now.

The power under Section 24, CPC can be exercised by the High Court even for inter-State transfer of a suit, appeal or other proceeding, if it is the common High Court for two or more States, the Supreme Court said.

For properties sold after 31 March, sellers cannot include the interest portion of the home loan in cost of acquisition while calculating capital gains if they have already claimed deduction on it.

Budget 2023 has finally plugged a loophole that was exploited by homebuyers, particularly those who had availed of home loans

Learn about tax-beneficial savings and investment options in India.

Can you get home loan tax benefit when property acquisition is pending? × My cousin participated in the e-auction of immovable properties mortgaged to one of the nationalised banks during Dec 2019 and he was declared the successful bidder of the house property (flat in Chennai). He was asked to remit the stipulated sum within a period of 20 days from the date of auction. He arranged 30 per cent of the value of the property from own source and balance sum has been borrowed from a nationalised b...