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Interest on loan for purchase of house

This query is : Resolved 

20 November 2010 Individual assessee is having one banglow which is given on lease to company. Assessee purchase other banglow on loan. Whether individual assesse can claim interest on loan while computing the income from house property if he resides at brother's house.

20 November 2010 yes, assessee can claim the interest on loan

20 November 2010 Yes u can claim it as SOP and claim interest.




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