CA O.P. SINGH (O P Singh & Co.) (426 Points)
20 March 2008I want some clarification regarding can we take deduction of housing loan interest and principal if we borrow loan from relative.........
Late CA Sampat Jain
(Chartered Accountant)
(4772 Points)
Replied 20 March 2008
Deduction u/s 80C is available only if borrowals are from specified sources .
But to claim interest on borrowings from self occupied house or let out house , if other conditions are satisfied , there is no restrction regarding sources of borrowings
CA O.P. SINGH
(O P Singh & Co.)
(426 Points)
Replied 20 March 2008
Dear Sampat Jain
thanks a lot for ur quick response...
nagabhushanam
(student)
(28 Points)
Replied 20 March 2008
i had a doubt regarding ICWAI inter sullbus.
if u dont mine can u provide ICWAI inter Business taxation old syllbus.
pls provide the same.
kartik_somu
(B.Com, ACA, CISA, CIMA)
(1665 Points)
Replied 20 March 2008
why u need old syllabus yaar?
CAclubindia
