Interest on home loan
This query is : Resolved
01 April 2016
Hello All
Sir I want to know that if I had taken loan on property for purchase in 2007 and got possession and shifted in 2008. For how many years I can claim deduction u/s 24 and 80C for interest and principal amount. I have cleared loan in Oct 15.
Please clarify and guide.
Regards
Sanjay
Sir I want to know that if I had taken loan on property for purchase in 2007 and got possession and shifted in 2008. For how many years I can claim deduction u/s 24 and 80C for interest and principal amount. I have cleared loan in Oct 15.
Please clarify and guide.
Regards
Sanjay
01 April 2016
You are asking for Loan of Construction of House Property ???
01 April 2016
I am asking that after I got possession of furnished property, for how many yrs I can claim interest and principal amount as deduction u/s 24 & 80C.
Pl advise
Pl advise
01 April 2016
Simple.....!!! Pay loan and take deduction...!!! No Pay no deduction....!!!
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?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST Regis.
- Tds on building rent monthly
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- 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 ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
