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Deducution u/s 24 b

This query is : Resolved 

10 August 2016 Hi,

Deduction of interest i.e. Rs. 2 lacs U/s 24 b is Available let out property for the purpose of commercial use.

10 August 2016 yes, it is available for let out properties....whether or not used for commercial purposes

11 August 2016 for Let out property the entire interest is allowed as deduction under section 24.




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