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Home > Money & Services > Taxes   »   Tax calculation

 
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Old Apr 13, 2008, 11:27 PM
SaranKumar
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Tax calculation

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.

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Old Apr 14, 2008, 12:45 AM   #2  
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This is regarding India Income Tax. This forum is for U.S. income tax.
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