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home loans india lo una vaalu come here


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1 minute ago, phatposts said:

Chesukovachu
Nenu last year nunchi doing

Read IRS Publication 936. 

online lo browse cheste, naku ardham ayyindhi, u can have that home as second home and year lo 14 days undali akada and it should not be rented out

my parents are living in the home and year lo nenu more than 14 days unta india lo

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Tax deductions on home loans

1. Tax Deduction on Home Loan Interest: Section 24

Homeowners can claim deduction of up to Rs.2 lakhs (Rs. 1,50,000 if you are filing returns for FY 2013-14) on their home loan interest if the owner or his family reside in the house property. The same treatment applies when the house is vacant. If you have rented out the property, the entire interest on the home loan is allowed as a deduction. 
Your deduction on interest is limited to Rs.30,000 if you fail to meet any of the conditions given below for the Rs.2 lakh rebate.

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2 minutes ago, Kool_SRG said:

Tax deductions on home loans

1. Tax Deduction on Home Loan Interest: Section 24

Homeowners can claim deduction of up to Rs.2 lakhs (Rs. 1,50,000 if you are filing returns for FY 2013-14) on their home loan interest if the owner or his family reside in the house property. The same treatment applies when the house is vacant. If you have rented out the property, the entire interest on the home loan is allowed as a deduction. 
Your deduction on interest is limited to Rs.30,000 if you fail to meet any of the conditions given below for the Rs.2 lakh rebate.

idi india lo kada!! i think TS is asking tax filling here 

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  • 3 months later...
5 minutes ago, argadorn said:

can anyone explain how to purchase home in india with loan ...what is the  procedure ....

3 easy steps to follow -

 

1. Go to near by Raitu bazar

2. Put Baird I need buy house, someone will approach and ask how many bedroom, you say number of BR

3. Give muney buy house go home sleep 

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2 minutes ago, Muney said:

3 easy steps to follow -

 

1. Go to near by Raitu bazar

2. Put Baird I need buy house, someone will approach and ask how many bedroom, you say number of BR

3. Give muney buy house go home sleep 

please bro :(

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18 minutes ago, argadorn said:

can anyone explain how to purchase home in india with loan ...what is the  procedure ....

Brother NRI loan ani untadi.. browse hdfc or icici bank website.. procedure very simple ... Power of attorney cheyinchu for some one india like dad or brother and send all of your docs(Driving license, passport, address proof utility bill) notarized and self attested . other misc doc paystubs, offer letter,bank statements, w2, .send all the docs with a friend or someone going to india or else do fedex and rest of documentation person in india need to handle...Hopefully u have NRE or NRO account already if not open it , u will need it for monthly payments..and also keep some of ur relative like dad or brother as mandate.

 

its not that complicated...hdfc or icici bank lo evado oka agent ni pattuko vade anni smooth ga handle chestadu...endukante vadiki comission vastadi kada... 

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