Preconstruction interest claim on commercial property
virag (Account and Tax consultant) (115 Points)
26 August 2021Can we claim preconstruction interest and Interest on loan on purchase of office via loan taken against office ?
Thanks
Virag.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 26 August 2021
Yes, you may claim deduction u/s 24(b) even in respect of a commercial property.
virag
(Account and Tax consultant)
(115 Points)
Replied 27 August 2021
virag
(Account and Tax consultant)
(115 Points)
Replied 27 August 2021
Abhishek Purohit
(52 Points)
Replied 27 August 2021
Live class on PF & ESI Enrollment & Returns Filing(with recording)