House property
This query is : Resolved
08 March 2014
if i had taken housing loan and and the house given on rent. rent from that house is exempt if i im paying principle amt more than the rental income.
if i had taken housing loan and and the house given on rent. rent from that house is exempt if i im paying principle amt more than the rental income.
08 March 2014
no...kindly read section 24(b) and 80c of the income tax act 1961
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