Intt. On Home Loan & House Rent

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 April 2011 Can a person take the exemption of Intt. paid on Home loan and House Rent on the same time where as possession of New House not yet been taken ?

14 April 2011 interest on housing loan is not available till the house is ready and the person gets the possession. The interest till that time is accumulated and when the house is ready from that year onwards, he can claim in equal installments for 5 years. As the possession of the house is not taken how can the rental income on the same be generated

08 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp




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