direct tax (house property)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2010
Q1-what will be the treatment of the interest payable outside india and if tax is not deducted or paid ?
And if the tax paid wil it be allowed for deductin u/s 24(b) ?
Q2-If loan taken for the purpuse of repair or renovation after 1/4/99 what will be the deduction limit for interest on loan?
And if the tax paid wil it be allowed for deductin u/s 24(b) ?
Q2-If loan taken for the purpuse of repair or renovation after 1/4/99 what will be the deduction limit for interest on loan?
08 September 2010
1. if TDS is not deducted then intrest will not be allowed. if TDS is deducted then it is allowed u/s 24.
2. for self occupied, it is Maximum Rs 30000 and in any other case it is actual amount paid/payable.
2. for self occupied, it is Maximum Rs 30000 and in any other case it is actual amount paid/payable.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
