Deduction U/S 24(b)
This query is : Resolved
Guest
Guest
(Querist)
22 September 2008
If an employee pays interest to his employeer for Housing Loan taken as concessional rate, then is thew employee is elegible to claim such interst U/S 24(b) provided other conditions are satisfied.
Thanks
Kunal Agrawal
kunalagrawal@aol.in
Thanks
Kunal Agrawal
kunalagrawal@aol.in
22 September 2008
Yes, he is eligible, it has nothing to do with any perquisite under the head Salary. 24(b) comes under HP.
CA. Amit Daga
(Expert)
22 September 2008
ya he is eligble becausing that is loan only
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