IT returns for housing loan

Ashwini (CA Final student) (78 Points)

09 April 2011  

hi....

I want to take a housing loan. And i want a loan of 15,00,000/- . Are income tax returns considered for housing loan??..if so how much amount should i show in income tax returns to get the said loan amount. How the bank people calculate the eligible loan amount.

Please let me know. Its urgent...............

Thanks in advance...