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Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment. Thus you are on a guaranteed path of making money every day with single daily accurate tip.

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Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info and accurate technical analysis and foresight.

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17 Nov 2010

Tax treatment for home loan partial disbursement case

So far we know that one can claim IT rebate for principle payment and for interest component upto 1.5 Lakh. However tax treatment is different when one is taking a loan for property under construction like a villa being made by a builder. In such cases partial loans are disbursed by the bank and for that one can only take the rebate under sec 24 (b) where some part of the loan is disbursed by the bank during construction stage of the property, the tax treatment is slightly different. This portion of the interest paid prior to completion of construction of property cannot be claimed as a deduction in the year in which it is paid. However, upon completion of construction, the assessee can claim deduction for this interest under Section 24(b) in 5 equal installments, i.e., 1/5th for each of the five years after the end of construction period.
Thus one will only get tax rebate only at a later stage and same may be considered while applying for loan where saving tax is primarily on the mind.

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