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SaranKumar
Apr 13, 2008, 11:27 PM
I am working in Software Company and earning Rs. 3,70,000/- per annum. I have taken the Housing Loan for Rs. 8,25,000/-. I am paying the EMI Rs. 15000/- per month. I need tax calculation for this whether Let out or Let in the property. If I let out, what will happen? or If let in, what will happen. and One more important thing, my working place and property both are different place.

MukatA
Apr 14, 2008, 12:45 AM
This is regarding India Income Tax. This forum is for U.S. income tax.