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Tax benifit on hoam loan
by Sanjay Chak on Dec 15, 2007 10:09 PM

Me and my wife have taken a joint home loan (both are paying equal amount of EMI). Kindly let me know, that we both will get the tax exemption of Rs. 150,000 (the maximum exemption on interest) and Rs. 100000 (the maximum exemption on Principal)seperately ?

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What you MUST know about HRA