Tax Rebates on Housing Loans: Can Anyone Explain How They Work?

hkazmi
Can someone help me regarding the tax rebate on a housing loan.
pon1965
Interest component up to 150k is totally exempted. The principal amount paid can be claimed under 80C (maximum of 100k).
sachi156
Hi,

Please download the Income Tax calculation sheet for the year 2009-10.
1 Attachment(s) [Login To View]

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute