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House property

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(Querist)
30 July 2013 A Person constuct a commercial building by loan taken from bank. Please clarify that interest paid on loan raised for construction of commercial building will qualify as deduction if so that under which section that falls.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
01 September 2013 Yes, it can be claimed u/s.24b

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