I have found the 5 yr old buliding its around the cost is 55lakhs and i will go for 42lakhs home loan out of 55lakhs. House owner have 7lakh home loan and how he will get the tax benefit from that amount and he have to plan to purchase other property some other place. Please advice to me how we can proceeds with this because I don't know more about capital accounts collection.
I have found the 5 yr old buliding its around the cost is 55lakhs and i will go for 42lakhs home loan out of 55lakhs. House owner have 7lakh home loan and how he will get the tax benefit from that amount and he have to plan to purchase other property some other place. Please advice to me how we can proceeds with this because I don't know more about capital accounts collection.
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