Loss from house property
This query is : Resolved
24 April 2015
Dear Friends,
I have taken Flat in 2013 in Hyderabad with bank finance and paying EMI regularly, given for let out, but from Dec 2014 onwards the Flat is vacant till today. I am in Bangalore pvt service and staying in rental house. what is my tax status, shall I eligible / claim full interest amount on Housing Loan or not for FY 2014-15 and FY 2015-16 (if it is vacant for full current financial year)
Pl advice me
thanks
I have taken Flat in 2013 in Hyderabad with bank finance and paying EMI regularly, given for let out, but from Dec 2014 onwards the Flat is vacant till today. I am in Bangalore pvt service and staying in rental house. what is my tax status, shall I eligible / claim full interest amount on Housing Loan or not for FY 2014-15 and FY 2015-16 (if it is vacant for full current financial year)
Pl advice me
thanks
24 April 2015
You are eligible to claim interest on housing loan up to Rs 1.50 lac even if it remains(ed) vacant.
.
.
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
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Rental income gst and it purpose
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EPF FULL & FINAL RULES IN 2026
- FTS Taxable under 115A
- Experts need help
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
