Can one claim housing loan processing fee / file charges paid to bank to take loan u/s 24 with interest
thanks & regards
Menu
U/s 24 Housing Loan (Charges)
Replies (3)
Processing fees is tax deductible
YES.
As per S. 2(28A) "interest" means interest payable in any manner in respect of any moneys borrowed or debt incurred (including a deposit, claim or other similar right or obligation) and includes any service fee or other charge in respect of the moneys borrowed or debt incurred or in respect of any credit facility which has not been utilised.
Thanks
Recent Threads
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
Related Threads
CAclubindia
