India taxes on property in usa
Posted: Wed Dec 24, 2014 5:35 pm
Yes, you can claim the Mortgage Interest paid on the Rental property, refer Section 24 of the Income Tax Act, 1961.
Regards,
KKA
US and India Tax Filers,
www.kkassociate.com
Regards,
KKA
US and India Tax Filers,
www.kkassociate.com
shankar37;578165I understand that the rental income from the us house is taxable
my question is can I also claim exemption on the mortgage interest and real estate taxes I pay for that house.