COST OF ACUQISITON
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2010
DOES INTEREST PAID ON HOUSING LOAN BECOME A PART OF COST OF ACQUSISITON WHEN WE NEED TO CALCULATE SHORT TERM GAIN ON SALE OF HOUSE PROPERTY ?
URGENT
URGENT
mohinder kansal
(Expert)
22 June 2010
NO. ONLY SEPARATE DEDUCTION IS AVAILABLE DEPENDING ON THE CIRCUMSTANCES WHETHER PROPERTY IS LET OUT OR SELF OCCUPIED
mohinder kansal
(Expert)
22 June 2010
NO. ONLY SEPARATE DEDUCTION IS AVAILABLE DEPENDING ON THE CIRCUMSTANCES WHETHER PROPERTY IS LET OUT OR SELF OCCUPIED
CMA Arif Farooqui
(Expert)
22 June 2010
no, its not
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