Housing loan
This query is : Resolved
30 March 2014
If i take housing loan for 7 years, instead of 20 years. Then what are the tax implications. Thanks
Nikhil Kaushik
(Expert)
30 March 2014
there is no tax impact...interest would be deductible under 24(b). principal deduction shall be under 80c. check the eligibility for 80ee
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