What shud be my income for availing a home loan for say 25 lakhs?how do i calculte the eligibility amount based on my income?
What Shud Be My Income for Availing a Home Loan for Say 25 Lakhs?
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Category Archives: India
I Live in India. Is It Possible to Transfer Home Loan from My Father to Me?
I am looking for this transfer of home loan in my name to get the tax benefit. Really I am paying the EMIs but the loan is in his name.
Is it possible to have the loan on my name and property on my member of the clergy’s name?
Thanks for your answer.
If he transfers the property on my name will the loan also get transfer? Then will i be eligible for tax benefit.
Tax Rebate on Home Loan for Interest of 4 Lacs Per Annum in Case of Co-applicants?
The interest on my home loan is Rs 4 lacs per annum and my wife is also a joint owner and joint applicant to the home loan. Can we both claim a deduction of 1.5 lacs each per annum for the same home loan towards interest payment?
Whether Completion Certificate Is Required for Claiming for Home Loan Benefit for Income Tax?
Home loan is exempted from income tax, whether completion certificate is required to be submitted for this purpose.
Using Home Loans and House Rent Payment Slips for Tax Exemptions?
I took a home loan and showing the Interest paid for Income Tax exemptions. Now, I have rented the house which I took over loan and being paid about Rs.5000. But I am still staying in a rented house paying approx Rs.10000. Can I surrender House Rent payment slips to my employer so that I get tax exemptions for the rent which I am paying.