Interest on loans
This query is : Resolved
25 December 2008
What is the criteria for claiming interest deduction upto 1.5 lacs on self occupied property.
26 December 2008
In case intt is payable on the housing loan availed for a self occupied house then interest upto 1.5 lac can be claimed under the head of Income From House Property.
26 December 2008
What if I avail loan on or after 1.4.99 and the construction is completed after 31.3.2008?
26 December 2008
Deduction up to 1.5 lakhs can be claimed provided such a house has been acquired or constructed with capital borrowed on or after 1/4/1999 and such acquisition or construction is completed with in 3 years from the end of the fin year in which capital is borrowed (applicable in relation to asst year 2003-04 and subsequent 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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Average Cost Of High Quality Diamonds
- ITR 4 OR ITR 3 WHICH FORM CHOOSE
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
