Easy Office
LCI Learning

Interest on house property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 April 2012 If house taken on instalment from builder or anyone than the interest is dedect u/s 24(b) or not from gross anual value.
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
13 April 2012 Interest on housing loan taken from bank or non bank, both are eligible for deduction for sec.24(b)
Profile Image

Rahul kumar

Profile Image

Rahul kumar (Querist)
14 April 2012 But i do not taken loan in cash.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Kishore Tallam

Profile Image

CA Kishore Tallam (Expert)
14 April 2012 Yes, u r eligible to claim interest uto Rs. 150,000 in case of self occupied property and if given on let out, any amount can be claimed as interest.
Profile Image

C A S.S.Agarwal, M.Com.,LL.B,

Profile Image

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
15 April 2012 The experts have correct reply I agree with it.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links