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Q.

I have taken home loan of rs 20 lakh in which 5 lakh is margin money.can i get tax rebate for margin money like principle interest?

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Asked by Amit, 15 Mar '12 09:04 pm
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Answers (4)

1.

U can get on Interest n installment only
Answered by vedprakash sharma, 15 Mar '12 11:25 pm

 
  
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2.

No u wont get any tax rebate on margin money....
Answered by sumit goyal, 15 Mar '12 09:20 pm

 
  
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3.

You get rebate on Interest paid and principal amount installments.. margin money is adjusted in first installments.. I think you better consult your tax advisor.
Answered by subhash, 15 Mar '12 09:08 pm

 
  
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4.

Ask tax expert
Answered by vikram bawa, 15 Mar '12 09:07 pm

 
  
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