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Deductions

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(Querist)
12 June 2015 if as per sec 54 house property is purchased on sale of residential property than deduction will be allowed if the property is purchased by raising loan for the property
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
17 June 2015 yes. the deduction is still allowed. whether loan is used or not is not relevant..

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