Int on plot can it be allowed as deduction

This query is : Resolved 

05 February 2014 I had purchased a plot from a pvt bank can I avail interest as tax deduction if so under which section. I purchased the plot one year before. kindly advice

06 February 2014 Not available for deduction, interest on loan taken for purchase of house properly is deductible



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries