Dedcution of housing loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 July 2012
Hi,
I am staying in Charkop-Kandivali-West, I have a House in Mahada Co-op Society, I have demolished my Old house and I have constructed a New House(1+1) for that purpose I have taken a Loan from Bank of Rs.6 laks Can i get Income tax benifit for this Housing Loan.
I am staying in Charkop-Kandivali-West, I have a House in Mahada Co-op Society, I have demolished my Old house and I have constructed a New House(1+1) for that purpose I have taken a Loan from Bank of Rs.6 laks Can i get Income tax benifit for this Housing Loan.
18 July 2012
absolutely you can get deduction u/s24 of the incometax Act
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