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Partly let out partly self occupied interet u/s 24b

A person is having one house divided into four equal residential units i e Unit A Unit B Unit C Unit D Unit A is self occupied by the assessee while Units B C and D are Let Out at Rs 300000 p a each I

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Taxation and Home Loans | Section 24B Income Tax Act

There are two sections of the Income Tax Act of India which will allow you to get a deduction if you have taken a home loan this of course ignores home loans from private sources Friend Family etc The

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Section 24b of income tax act

sir madam one of my friend has taken loanof Rs10lacs 5 lacs is for purchase of land and 5 lacs is for construction So whether interest on 5 lacs taken for purchase of land is allowable for deduction u

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Section 24b of it -income from house property

I bought one under construction flat in 2010 in Indiabulls green project chennai and still it is not completed Now indiabulls offered 12 discount for advance full money payment ADF scheme through indi

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Can get deduction under 24b

Sir Currently i am living in a house for rent And in Financial year 2011 12 November 2011 I started to construct a own house and i took a loan for Rs 15 lacs for construction but construction is still

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  • Re - Revision in Form NO. 24B and Form NO. 25A

    Re Revision in Form NO 24B and Form NO 25A by Companies Central Government s General Rules and Forms Fifth Amendment Rules 2009


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Experts Opinions

Sec 80ee & sec 24b

suppose my Hsg loan is sanctioned on 30th april 2013 have no other house the price of house is 30lakhs loan amount is Rs 25 Lakh If my interst portion for F y 13 14 is Rs 250000 then can i get the ben

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Deduction u/s 24b of house property

My doubt is that if I take a loan for purchasing a house from a friend relative or against FD from a bank can I claim deduction u s 24b of the interest amount on such loan

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Hp sold in 12-13- can claim dedn u/s. 24b ??

Hello everyone one of my client has sold a house property in fy 11 12 He has paid interest Rs 190000 in the fy 11 12 My question Can we claim deduction under section 24b in the fy 11 12 thanks in adva

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Deduction u/s 24b on interest on housing loan

Mr A is a salaried employee His wife B is housewife Mr A has purchased a house but the same is in the name of his wife B He is not the co owner of the house Now for purchasing this house they have tak

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Rebate u/s 24b & 80c

I have a plot of 100 sq yard I had taken a loan amounting to Rs 4 Lacs on 1 4 2005 for construction of two rooms one kitchen for self occupation and started to get rebate of interest u s 24B and princ

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Updated on : 6/20/2013 5:18:39 AM

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