house property in dubai

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3468 Points)

21 July 2011  

Friends

Suppose I have a property in Dubai under construction. I have taken loan from a bank/FI in dubai. I am a resident under IT Act in India. Now i am paying interest for that loan  from my bank account in India.  As per section 25, there should be TDS.

How to ensure there is TDS. If there is TDS, will I get deduction under section 24 for this interest from my other sources of income.

regards,