Read the following illustration, since this is directly from horse's mouth, we can completely rely on this information. This article was captured in July 2010.
http://www.incometaxindia.gov.in/publications/5_house_property/5_house_property.asp
To calculate tax as per 2009-2010 slab, visit this link:
http://financeminister.in/Income-tax-slab-2010-2011
Cheers,
Fighter
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