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Tax benefit

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2015 Dear All,

I am purchasing a plot(diverted) on finance. So please suggest me can i avail any tax benefit in this case?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
03 August 2015 if ur taking a loan then principal and int u can get tax benefit under sec 24b and sec 80C
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2015 Dear Sir,

But this is in case of Home loan, as i heard.
Is it applicable to Property loan also? i have no planning about to construct home within two years.



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
03 August 2015 the words used are land and building sec 22 charging section hence deduction will be allowed for buying same.
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2015 Ok

Thank You very much Sir!
Your advise is appreciable.

Have a nice day!
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
03 August 2015 you are welcome friend...........

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