Interest on borrowed capital
This query is : Resolved
08 October 2011
My Client has got Two Loans during the FY 2010-11 One is for Self occupied and pays interest for Rs 75000/- and another loan is Commercial Complex and pays interest Rs 125000/- against rental income on Rs 84000/- Can he claim both interest of Rs 200000/- under the Income from house property for the Asst Year 2011-12.
Dintakurthi Tirumala
(Expert)
08 October 2011
Yes he can claim.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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