23 April 2013
Sir please tale me about deduction U/s 24(b)in respect of Interest on borrowed capital for housing and principal amount paid U/s 80C during the financial year 2013.2014 AY 2014.15
In other words what are the changes in finance Act 2013 regarding above
Thanks & Regards K D Sharma 9810752318 kds70@rediffmail.com
30 June 2013
Interest on borrowed capital up to certain limit is allowed u/s 24(b) whereas 80C is allowed for payment of principal along with other deductions up to 1 lac
CAclubindia
