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24(b)


23 March 2017 Deduction under 24(b) for interest on repair of property is upto ₹30000. But if the interest is not paid for 2-3 years will it add upto the amount of deduction in current assessment year

24 March 2017 No, eligible deduction is only for current year interest.

24 March 2017 Thank u sir




24 March 2017 If a mber of HUF provides a loan for repairs of house property of HUF . Interest is ₹85000 . Interest is not paid for 4 years . What will be the amount of deduction under 24(b)



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