Interest on loan
This query is : Resolved
30 March 2012
Can we claim deduction for int on personal loan borrowed for purchase of properties( Commercials) and subsequently letting it out and earning rental income?
up to what limit and Under which head ?
up to what limit and Under which head ?
01 April 2012
This rental income is from letting the commercial property and not will come under Income from House Property and when it comes to Business & Profession as per me you can claim deduction u/s 37
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