house mortgage loan interest is eligible for deduction or not?
MURALIDOSS (INCOME TAX PRACTITIONER) (1325 Points)
21 July 2018house mortgage loan interest is eligible for deduction or not?
Pranjali
(intern)
(2216 Points)
Replied 21 July 2018
Yes, it is deductible up to an extent of Rs. 1.5 lakhs under Section 24.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)