Interest on borrowed capital

This query is : Resolved

Kamal Sabari (Querist)
Follow

24 May 2012 Dear All,

Anyone can give me answer for this question.
From the head of Income from house property, We have two situations one is Let out Property and another one is Self Occupied. Give me clear Statement how much interest on Borrowoed capital can be deducted in two situations.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

24 May 2012 Let out property - full amount of interest without any limit.

Self occupied property - maximum Rs. 1,50,000

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Soumitra Patra

Kumarasamy Chandramoorthi

swaminathan

prasanth kona

CA.Pinank Arvindbhai Shah

Subscribe Now

Interest on borrowed capital

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Senior Executive

CA Final

GST CONSULTANT

Manager- Finance and Compliance

Accountant