Interest on loan for houseproperty
This query is : Resolved
06 May 2017
If I have a loss on house property and I don't have other incomes to set off it in the same year , do I have an option to not to claim interest as an expense against rental income and set off the same as cost of acquisition against capital gains arising at the time of sale of house property after 2-3 years.
06 May 2017
1. It is up to you to claim or not to claim deduction u/s 24(b).
2, In either case interest can be claimed u/s 48.
2, In either case interest can be claimed u/s 48.
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