Income Tax Handbook: Income Tax And Your House

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	Income Tax Handbook for Salaried Employees

	Section IV: Income Tax and Your House Ownership and possession is must to claim interest deduction Only one house can be claimed as self occupied Buying home is more beneficial than renting Income tax benefits on rental income Deduction on home loan interest Invest long-term capital gain from house property sale in another house to save tax Commercial property is exempt from wealth tax Hidden costs of changing home before 3 years You should get insurance cover for the home loan How much one should borrow while buying house?