Deduction under House Property
This query is : Resolved
19 March 2009
Dear All,
Please let me know i have paid Rs 5059 as intersest for the period 01-04-2008 to 09-03-2009 and there is a accrued interest from 10-03-2009 to 31-3-2009 amounting to Rs 11159 which will be paid on 5th April 2009. Will both the amount allowed as deduction for the year 2008-09
Please let me know i have paid Rs 5059 as intersest for the period 01-04-2008 to 09-03-2009 and there is a accrued interest from 10-03-2009 to 31-3-2009 amounting to Rs 11159 which will be paid on 5th April 2009. Will both the amount allowed as deduction for the year 2008-09
19 March 2009
yes both the amount will be available as deduction u/s 24(b), as section focuses on Interest payable during PY.
19 March 2009
yes both the amount will be available as deduction u/s 24(b), as section focuses on Interest payable during PY.
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
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
