Income tax on rental income for NRI

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  1. Shubhum

    Shubhum New Member

    Dear Sir,
    I am an NRI . Now I have brought a house in Bangalore and will be paying Rs. 70000/- per month as the interest on Home loan, My rental income per month is expected to be Rs, 50000.
    I do not have any other income in India
    Will I be liable to pay Income tax on the above income

    Please advise

    best regards
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