Legal Question in Tax Law in India

In the union budget 2012-13 there is no mention of tax rebate on rupees 150000 for interest of home loan as it was in earlier. My question is whether this rebate will continue or stop for income tax?


Asked on 3/20/12, 11:19 pm

1 Answer from Attorneys

Santosh Dash Legal Consultant

it is not year to year rebate so it will continue unless revoked

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Answered on 3/21/12, 1:10 am


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