RENT CLAIM
This query is : Resolved
13 June 2022
Hi, just wanted to check if somebody has purchased a litigated property ( the seller forged d papers) and court has asked thm to vacate the property.. thy are paying loan EMI(which is from office, a govt employee) and now rent also...so he can claim the rent (alongwith the EMI) also which he is paying now? Any requst letter he sud submit to income tax to get this rebate/exemption? OR under any section he can claim this?
13 June 2022
He can claim rent but not EMI as property purchase is not valid.
13 June 2022
But EMI Will keep on deducting..till the time he will not get his money back from the seller...
13 June 2022
Yes,EMI deduction will not stop but income tax deduction is not in order.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
