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Home loan Interest

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06 February 2020 Respected Sir / Madam

can i claim Loan Processing fees as Interest U/s 24 under income from house property??
because Section 2(28a) defines the term interest as 'interest payable in any manner in respect of any money borrowed or debt incurred (including a deposit, claim or other similar right or obligation)'

07 February 2020 Processing fee can be claimed u/s 24(b). Inference - Infrastructure Finance Co Ltd Vs. ACIT (2016) 238 Taxman 212(Mad).



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