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This year I am planning to repay my whole home loan amount, doing so I wont get any tax benefit further also wont get any tax benefit on HRA (which I am not getting any way). So my query is if I will have another home loan may be in next 1-2 year will I get home loan benefit on second home loan. I mean can someone avail tax benefit on second property?
This year I am planning to repay my whole home loan amount, doing so I wont get any tax benefit further also wont get any tax benefit on HRA (which I am not getting any way). So my query is if I will have another home loan may be in next 1-2 year will I get home loan benefit on second home loan. I mean can someone avail tax benefit on second property?
I have NRI status in India. have income in India coming from rent of shops. I have taken a NRI loan for buying land. Land possesion will be in sept this year. Can I take the 1.5L interest rebate principal payment rebate for the income earned in india. Any other benefits that can be claimed ?