There was an incentive for assessment year 2009 for loan interest to be deducted. That has since lapsed, so you can no longer deduct interest against income tax.
You will also have to pay tax on rental income, if declared ...
Income Tax on Home Loan, Tax
Oct 4 2015, 10:10 AM
Quote
0.0154sec
0.46
6 queries
GZIP Disabled