27 February 2012
IS INTEREST ON MORTGAGE LOAN CAN BE CLAIMED U/S 24(b) OF I.T.ACT,1961 AND WHAT IS THE LIMIT OF CLAIM FOR LET OUT PROPERTY?
Guest
Guest
(Expert)
27 February 2012
There is no limit on deduction of interest in case of let out property. The condition is the interest accrued for the specific year can be claimed in that year itself.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
27 February 2012
BUT SIR IS IT AVAILABLE ON '"MORTGAGE LOAN"?