Legal Question in Tax Law in India

whether one lakh increase in reduction of tax on home loan is applicable for exiting borrower (those who have taken loan during 2012-13 or earlier) or not according to union budget 2013 ?


Asked on 2/28/13, 9:37 pm

1 Answer from Attorneys

Jayesh Desai Jayesh Desai

It will apply for the FY commencing from 1 Apr 2013 onwards, and not for earlier period.

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Answered on 3/02/13, 10:16 am


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