Housing loan


This query is : Resolved 

(Querist)
27 March 2014 can an individual claim deduction of interst and principal paid in the financila year for housing loan taken for construction of a hotel

thanks in advance

27 March 2014 Kindly note that, only those House properties which are not used for the purpose of Business & Profession are eligible for claiming deduction of Interest and Deduction under section 80C.

pranav (Expert)
28 March 2014 No he cannot take

pranav (Expert)
28 March 2014 No he cannot take


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