22 July 2014
does construction of a floor amount to construction? can v claim deduction of Rs 1,50,000 for such construction?
already loan has been taken for construction of ground floor and Rs 1,50,000 is claimed as deduction for the same.
new loan is taken for 1st floor construction . for this message is Rs 30,000 or Rs 1,50,000 allowed
CAclubindia
