Deduction under House Property
This query is : Resolved
19 March 2009
Dear All,
Please let me know i have paid Rs 5059 as intersest for the period 01-04-2008 to 09-03-2009 and there is a accrued interest from 10-03-2009 to 31-3-2009 amounting to Rs 11159 which will be paid on 5th April 2009. Will both the amount allowed as deduction for the year 2008-09
Please let me know i have paid Rs 5059 as intersest for the period 01-04-2008 to 09-03-2009 and there is a accrued interest from 10-03-2009 to 31-3-2009 amounting to Rs 11159 which will be paid on 5th April 2009. Will both the amount allowed as deduction for the year 2008-09
19 March 2009
yes both the amount will be available as deduction u/s 24(b), as section focuses on Interest payable during PY.
19 March 2009
yes both the amount will be available as deduction u/s 24(b), as section focuses on Interest payable during PY.
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