Deduction on house renovation/ maintenance
This query is : Resolved
13 April 2015
What is the limit for rebate on amount spent on renovation and maintenance on owned house>
under what section this rebate can be claimed
under what section this rebate can be claimed
14 April 2015
There is no rebate on the maintenance and renovation expenditure of owned house.
.
However, if any loan is taken for the repairs of own residence, interest upto Rs 30000/- or actual interest, whichever is lower can be claimed.
.
.
However, if any loan is taken for the repairs of own residence, interest upto Rs 30000/- or actual interest, whichever is lower can be claimed.
.
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