EASYOFFICE

It rebate on interest on housing loan

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 June 2013 Dear Sir,
I will be much obliged to know if an employee extends / renovated the House by constructing additional floor by availing Housing loan, the permission exemption limit towards interest is Rs.150000 or Rs.30000 under. Since the loan sanctioned by LIC HFL has issued a certificate menntioning improvement / renovation.

Thanks,
D S Murthy
Section Officer
Indian Institute of Chemical Technology
Hyderabad 500007
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
21 June 2013 Interest on repair/renovation allowed u/s.24b maximum Rs.30000

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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links