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Clear AllWe booked two flats and took two separate loans to part finance purchase of flats. Now that the concession in the rate of interest is being taxed as a perquisite, will you suggest that we sell one flat and repay the entire loan?
We booked two flats—one in my name and another in the name of my wife. We also took two separate loans from our respective employers to part finance purchase of flats. We did this to build an asset by financing it out of the cheaper loan and the ex
This article was originally published on January 15, 2003.
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