Deducution u/s 24 b
This query is : Resolved
10 August 2016
Hi,
Deduction of interest i.e. Rs. 2 lacs U/s 24 b is Available let out property for the purpose of commercial use.
Deduction of interest i.e. Rs. 2 lacs U/s 24 b is Available let out property for the purpose of commercial use.
Amol S Joglekar
(Expert)
10 August 2016
yes, it is available for let out properties....whether or not used for commercial purposes
KAVIRAJA ADDANGADI
(Expert)
11 August 2016
for Let out property the entire interest is allowed as deduction under section 24.
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