Housing loan interest ?
This query is : Resolved
11 August 2014
Will processing charges/service charges and other items debited to housing loan be eligible for deduction under interest on house property sec 24 deduction?
11 August 2014
no only intt on loan amount will allowed as deduction u/s 24(b) it is not compulsory that you have to pay the intt. to bank during the year .
11 August 2014
Only Interest is allowed as deduction...........
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