Housing loan

This query is : Resolved 

27 March 2014 can an individual claim deduction of interst and principal paid in the financila year for housing loan taken for construction of a hotel

thanks in advance

27 March 2014 Kindly note that, only those House properties which are not used for the purpose of Business & Profession are eligible for claiming deduction of Interest and Deduction under section 80C.

28 March 2014 No he cannot take


28 March 2014 No he cannot take



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