Housing loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2014
sir, i had taken house loan on 1.2.13
but my house was left for 4 months
so i took housing loan benefits for my house was in vacant
but my house was left for 4 months
so i took housing loan benefits for my house was in vacant
Nikhil Kaushik
(Expert)
14 April 2014
depends on the reason of vacancy. if the vacancy was on grounds of his employment, business or profession carried on at any other place, the interest on housing loan shall be limited to Rs 1.5 lakhs.
otherwise, the interest deduction can be the whole of the accrued amount.
otherwise, the interest deduction can be the whole of the accrued amount.
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- Reward for festival
- TDS Return Statement Status
- Import of Capital Machine
- Appointment of Auditor By Form ADT-1
- Form 144 TDS Return Validation error
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- Resigning a auditor from the company for misconduct
- LLP audit under companies act
- Concept of Vendor and customner reconciliation
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- INWARD REMITTANCE FOREIGN
- Indian IT Portal issue in computing tax as per UK-India DTAA
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
