Interim Budget Showers Tax Benefits To Boost Realty Sector

Interim Budget Showers Tax Benefits To Boost Realty Sector

In a major push for the affordable housing segment, the Finance Minister also proposed to extend the benefits under Section 80-IBA of the Income Tax Act for one more year till March 2020.

Interim Budget Showers Tax Benefits To Boost Realty Sector

Owners of unsold inventory are currently exempt from paying tax on notional rent for one year.


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