12 September 2011
I have puchased a house of Rs 1850000, but I have taken a loan of Rs 2000000/- as a home loan. Extra amount of Rs 150000/- I will utilise for payment of registration charges of house. Whether I get interest deduction on 1850000 or 2000000 ?
13 September 2011
Registration charges also will be consider as cost of purchase of house so you can get interest deduction on Rs.2000000. OM SAI SRI SAI JAI JAI SAI
CAclubindia
