gud evng....
can i setoff my preacquision intrest exp. of hosing loan against any other int. income....???
or it is compulsory to take ir under house property calculation?????
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Setoff of int. exp.
Replies (2)
Dear Rahul
preacquision interest will come under house property. If you have no income from house property then this loss will setoff against your other income.
Dear majoj sir- i want to know that on preacquisition of asset how can i show the preacquisition asset on rent and how to compute the house property income?????
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