Interest paid for let-out property

This query is : Resolved 

05 March 2014
While computing TDS - salary, how to take the Interest paid for Let-out house property? Where should be the Income from House property (Rent) be shown? Should it be considered for salary TDS purpose?

10 March 2014 if you have let out property then
loan taken for that let out property then you can claim intt. on loan which use for purchase/buy this let out property

and you can calim w/o any limit intt. amount for that .


Rs. 150000/- limist u/s 24 for self resident property not for let out property

10 March 2014 Thank you Mr. Rupesh Jain

10 March 2014 for let out property there is no limit of 150,000 and income must be shown as income from house property.

10 March 2014
Thanks Tushar Sir.

10 March 2014 you are welcome and u must directly asked to me any query on my profile post the link every tim when u post it in expert section...

10 March 2014
Yeah sure...you are in my FB friends list too...


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query