Tax benefits on Home loan
This query is : Resolved
Sethuraman
(Querist)
13 June 2011
I am an NRI and have purchased a property in India with loan from HDFC, am I eligible to claim benefits on the interest paid for the home loan, are there any tax benefits I could claim wrt the home loan, also have taken some home protection insurance policies.
Best Wishes - Sethuraman
Best Wishes - Sethuraman
CA MANOJ GUPTA
(Expert)
13 June 2011
YES U WILL BE ELIGIBLE FOR THE BENEFIT
FOR HOME PROTCETION POLICIES U WILL NOT GET ANY BENEFIT
CA MANOJ GUPTA
JODHPUR
09828510543
FOR HOME PROTCETION POLICIES U WILL NOT GET ANY BENEFIT
CA MANOJ GUPTA
JODHPUR
09828510543
Sethuraman
(Querist)
13 June 2011
Thanks for your reply. under what sections could I claim for principal and interest amt separately ?
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