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Hello Sir/Madam,
I owns a flat and staying there since last 3 yrs. I enjoys deduction in IT return, for priciple amount and interest on loan. Now I purchased a new flat in the same city. I will give that 2nd flat on rent. Please let me know what kind of income tax benefit I will get on principal and interest for the loan borrowed for this 2nd flat?

Thanks,
Pravin
10.55 AM Aug 16th 2009  | Track

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