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Tax Saving Tricks for NRI Property Management

M
ManojSodhani

2 Views • Apr 28, 2016

Description

Multiple properties can be owned by an NRI, provided that they should be movable. But his ownership will be applicable over just one. The 30% share of total rental amount can be procured for maintenance. Thereby, this amount can be claimed for tax deduction. Interest on loan of the second property can be cut.