Interest on borrowed capital under house property
This query is : Resolved
30 May 2014
is there no any maximum celling for interest on borrowed capital in the case of let out property.
please make me clear.
30 May 2014
No, there is no maximum ceiling limit for interest paid on borrowed capital only in case the property is let out.
Refer Sec.24(b) of IT Act,1961.
Refer Sec.24(b) of IT Act,1961.
30 May 2014
No, there is no maximum ceiling limit for interest paid on borrowed capital only in case the property is let out.
Refer Sec.24(b) of IT Act,1961.
Refer Sec.24(b) of IT Act,1961.
30 May 2014
No, there is no maximum ceiling limit for interest paid on borrowed capital only in case the property is let out.
Refer Sec.24(b) of IT Act,1961.
Refer Sec.24(b) of IT Act,1961.
30 May 2014
No, there is no maximum ceiling limit for interest paid on borrowed capital only in case the property is let out.
Refer Sec.24(b) of IT Act,1961.
Refer Sec.24(b) of IT Act,1961.
31 May 2014
No limit of interest payment let out property . but if your total income set off agast intt. then you show loss on house property and can set off in next years.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- When TDS on GST applied
- Requirement of tax deduction at source by individual
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
