In principle, construction costs are deductible expenses, and their deduction could significantly reduce the capital gains tax payable upon selling the property. In order for construction costs to ...

The U.S. Department of Energy (DOE) has launched the free 179D Portal for estimating tax deductions for energy-efficient technologies ... the bottom line in a commercial building upgrade or new ...

You don't buy a house for the tax deductions. It's just a nice side ... donations — all of those things fall into those itemized categories. Mortgage interest is a component of it," John G.

While tax credits directly reduce your tax bill, tax deductions for costly items like ... is then split into two categories -- "residential energy property costs" and "qualified energy efficiency ...

Below, let’s explore critical small business tax deductions, breaking them down by category to help maximize your savings. Everyday items such as pens, printer ink, and paper, as well as larger ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The Assessing Officer (A.O.) had originally disallowed the full deduction and estimated the construction cost at Rs. 25 lakhs, based on a report from an Income Tax Inspector. The Assessee had ...

The historic budget is set to serve a dual purpose to complete and exceed the undertakings promised by the PPP/C administration in its 2020 manifesto and ...

Real estate developers and experts believe that the RBI’s decision to cut the repo rate after five long years will boost ...

The Inflation Reduction Act of 2022 reconfigured two nonrefundable tax credits for home improvements that save energy. Unlike ...

Solar power systems are an increasingly popular option for homeowners in Italy. From installation rules to costs and ...

and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. The DSP ELSS Tax Saver Fund Regular Plan Growth has an AUM of ...