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Interest u/s 24

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(Querist)
07 May 2013 If a company pays interest on loan taken from director for purchase or construction of house property, whether such interest can be claimed as deuction u/s 24 by the company.
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CA Navin Jain

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CA Navin Jain (Expert)
07 May 2013 yes you can claim deduction u/s 24.
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