Income from house property
This query is : Open
25 July 2018
Assessee has taken housing loan against one property
The same property has been let out by the assessee and getting rent per month
Can the assessee claim interest and principle repayment towards housing loan u/s 24 & 80C respectively ?
The same property has been let out by the assessee and getting rent per month
Can the assessee claim interest and principle repayment towards housing loan u/s 24 & 80C respectively ?
30 July 2018
Yes he can. There is no prohibition under income tax Act to do so.
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