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Reg. home loan
by shinoj odandiyil on Jul 07, 2008 07:50 PM   Permalink | Hide replies

I've availed two home loans for construction of
a new house. Can I avail tax exemption for the priciple and interest component of both the loans

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  RE:Reg. home loan
by Murali on Jul 09, 2008 01:13 PM   Permalink
If you are not staying in that property then you should also show the income from rent.

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  RE:Reg. home loan
by ritesh sharma on Jul 07, 2008 07:54 PM   Permalink
If it is for the same house, yes. But inly after completing and occupying the constructed house.

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Filing tax returns? A step-by-step guide