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Housing loan interest

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(Querist)
26 July 2014 hi friends, I want a clarification regarding interest on housing loan. whether interest allowed as deduction u/s.24 on loan taken from banks / financial institutions only or taken from any source. thanks in advance
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 July 2014 interest paid on loan taken from any source is deductible under section 24.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 July 2014 interest paid on loan taken from any source is deductible under section 24.



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
29 July 2014 there is no restriction on the source placed under sec 24.

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