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Buying a land
by NOEL GEORGE on Jun 01, 2007 08:47 PM

Hi,

I want to buy a land to build my house. This will cost me Rs.25 lacs & further I will have to take a loan of Rs.20 lacs. please suggest how much tax rebate I gain if I buy it on my name or buy it combined with my spouse?
Also let me know how mu EMI & interest will be charged for this purchase?

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Tax-smart housing loans!