House Property
This query is : Resolved
01 January 2010
If a house self occupied for part of the p.y. and let out for part of the p.y. then how much the interest on housing loan is allowed.. whether 150000 or no ceiling limit?
01 January 2010
Hi
There is no question of Interest Limit as the maximum amut of for interest rmains the same for SOP as well as for LOP.
With Warm Regards
With Best Wishes for the YEAR
M. Vanesh Kumar
CA Students - Expert Association
There is no question of Interest Limit as the maximum amut of for interest rmains the same for SOP as well as for LOP.
With Warm Regards
With Best Wishes for the YEAR
M. Vanesh Kumar
CA Students - Expert Association
01 January 2010
No ceiling. Agree with expert.
01 January 2010
NO CEILING
01 January 2010
no ceiling
02 January 2010
How it possible.. if the house is self occupied the limit of interest is 1,50,000 for a year. And let out no ceiling.. if the same house part of the year self occupied and part of the year let out means we want to calculate the interest on proportionate basis.. for self occupied separate and let out separate..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
