POSTED BY December 12, 2013 5:41 pm ONE COMMENTON
I have purchased a flat for. I want to know should I take a home loan or not. The construction and handover will mostly be completed in 3+ years. I think I will be able to pay the amount without taking the loan. I want to understand the implications of the tax benefit etc.
Should I take a loan of some minimum amount that might lead to some gain in form of tax saving. Will I eventually be saving anything when considering the interest paid on the loan v/s the tax saved. Thanks in advance !