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Home, ELSS calculation
by Dr. Bhavesh on Jan 05, 2006 09:53 AM

I am regular reader of get ahead money matters. Its extraordinary section. I benifited a lot from this. Please let me clear some IT rules in which I ave problem. I am Govt. servant.If I own home, how to calculate loss from house property, income from house property, capital gains. Also pl. describe the tax laws about income from ELSS. NSC interest is tax liable. In first year interest I can calculate. For 2-6 year how interest is calculated? If possible explain by examples

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