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Income from house property

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(Querist)
17 August 2012 I have asked a query which is not clear to u so I am again sharing my question. My question is if i have purchased a house on loan then i take two deduction one is interest and another is principal amount right. now i want to take that interest amount to be added in the cost of my house amount can i do so
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taxindiaconnect

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taxindiaconnect (Expert)
17 August 2012 The answer is a straight NO
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Sanjay Chopra CA

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Sanjay Chopra CA (Expert)
17 August 2012 Not allowed.
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