Competent authority for allowing hbl interest on iii house
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 February 2015
Dear Sir,
Please let me know that drawing officer is competent for exemption of HBL interest on third house. My officer is not allowing the interest on HBL and advising to claim refund as the rent collection more than one house is to be treated as business and saying he is not competent in this case.
Regards
Please let me know that drawing officer is competent for exemption of HBL interest on third house. My officer is not allowing the interest on HBL and advising to claim refund as the rent collection more than one house is to be treated as business and saying he is not competent in this case.
Regards
25 February 2015
You have to file the return admitting rental income and claim HBL interest and claim refund if any. Pay drawing officer what ever he is saying is right he can't allow such claims.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Gift of mutual fund units to daughter
- Reporting of STCG on Property in ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Not able to file ITR
- TDS exemption on resale of software
- Clarification Required on Business Code for 44ADA
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Foreign inward in ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
