Interest paid on house building loan from bank


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 August 2017 I had taken a loan of Rs.20.00 lac from Bank for building/constructing house.during 2010. My house has been completed fully, but my bank loan has not been fully repaid till date. May I claim deduction against interest paid on the loan ?

01 August 2017 Yes, interest on home loan continues till the loan is fully repaid. You can claim the deduction against interest from home loan



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