Set of loss from HP from Salary income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 January 2010
Respected Eperts,
Can loss due to payment Housing loan & pricipal amounton account of Self accupied house can be set off against Salary income. Kindly revert with details implication of loan taken for constructed house/old house.
Rgds
Anans
Can loss due to payment Housing loan & pricipal amounton account of Self accupied house can be set off against Salary income. Kindly revert with details implication of loan taken for constructed house/old house.
Rgds
Anans
31 January 2010
Loss due to Interest on borrowed capital for self occupied property can be set of against salary subject to maximum of Rs.1.5.lakhs.Principal amount eligible in 80C Deduction
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 January 2010
Thanks Ramesh!
01 February 2010
House Property Loss is allowed to be set off against the salary income
01 February 2010
Loss due to Interest on borrowed capital for self occupied property can be set of against salary subject to maximum of Rs.1.5.lakhs.
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