Commercial office

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Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2015 Can i take benefits u/s 80C and 24B if loan is taken for purchase of commercial office??

Nikhil Kaushik

Nikhil Kaushik (Expert)
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17 July 2015 if you are operating out of the same office, then claim deduction for interest under "business/profession"

if it has been let out, then claim deduction for interest under section 24b.

No deduction shall be available for the repayment of principal portion