INTEREST PAYMENT BY NRI ON PURCHASE OF HOUSE PROPERTY.
This query is : Resolved
25 June 2022
One of my client is a NRI who owns a flat at Bengaluru at present my client is located at Singapore and Bengaluru flat is vacant. my query is whether he can claim deduction for interest paid on loan taken for purchase of house property u/s 24 ??? if yes whether the property is to be shown as SOP ???
26 June 2022
Yes, show it as self occupied and claim interest.
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