Easy Office
LCI Learning

Interest on home loan

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 January 2012 is the interest paid on home loan 100% deductible even if the house property for which loan is acquired is for self occupied purposes?
Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
11 January 2012 yes, you can claimed the interest on home loan if its taken for self occupied home.
Profile Image

CA Dileep Surya Kumar

Profile Image

CA Dileep Surya Kumar (Expert)
11 January 2012 The maximum amount of interest permissible in cases of self-occupied property is Rs.1,50,000.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Deepak S

Profile Image

CA Deepak S (Expert)
11 January 2012 Agree with Mr.Dileep
Profile Image

DEEPSHIKHA AGGARWAL

Profile Image

DEEPSHIKHA AGGARWAL (Querist)
12 January 2012 Sir wen the deductns r not actualy available hw can the co.s lure their employees through enhanced deductns
wudnt this b a case of cheatng
Profile Image

CA Dileep Surya Kumar

Profile Image

CA Dileep Surya Kumar (Expert)
13 January 2012 yes , obviously..

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links