interest on housing loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 July 2010
Interest on housing loan is deductible upto Rs.150000. Can we claim lesser deduction ? ( deduction of Rs.20000 only as a wish to show higher income )
CA Ravi Sisodia
(Expert)
22 July 2010
ofcourse dear, its voluntary not mandatory.
Rahul Gupta
(Expert)
22 July 2010
Agreed. Its voluntary not compulsory.
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