Capital Gains Tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 February 2010 Mrs A took housing loan of Rs.7.00 lakhs
from Bank and 3 lakhs from relatives.
She bought the house. After a period of 3 years, she was compelled to dispose
of the house on personal grounds.
The question is whether the amount
expended towards clearing Mortgage
can be claimed for exemption. If so
under which Section.

27 February 2010 Prepayment interest or penalty can be claimed as a deduction u/s 24

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 February 2010 HI
Thx Aditya


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