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    dearsanjay's Avatar
    dearsanjay Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 22, 2008, 08:35 AM
    Tax benefit on housing loan
    I am just thinking to avail HBl from sbi this year in dec-jan about 6.00 lacs(1st fage of total project cost of 20.00 lacs.) Shall I eligible to get tax benefit. My Annual Income is about 2.50 lacs.
    Due to future programme I am not deducting the I.tax from my salary. So pleae guide me that how much tax benefit I could get.

    SANJAY SINHA
    SBI, GANGTOK BRANCH
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jul 22, 2008, 08:54 AM
    Mr. Sinha:

    This forum addresses U.S. taxes.

    Your question CLEARLY addresses Indian taxes.
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