For A.Y.2007-2008
This query is : Resolved
19 March 2009
Can i get det deduction of Principal payment on loan taken for purchase of residential flat u/s.80 C and also claim deduction u/s.24 for interest paid on loan in income from HP
22 March 2009
Deduction u/s 80 C can be claim for repayment of principal amt of housing loan house , providedloan is taken from specified person.
deduction u/s 24(b) can be claim for interest paid on construction / purchase/ repair / renovation of house, taken from any person, subject to other condition of sec. 24(b) of ITA
regards,,,,,,,,,,,,,,!
deduction u/s 24(b) can be claim for interest paid on construction / purchase/ repair / renovation of house, taken from any person, subject to other condition of sec. 24(b) of ITA
regards,,,,,,,,,,,,,,!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- Section 50-fixed asset-->building ceases to exist
- Gift Received from nonblood relative
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
