Regarding interest u/s 24B
This query is : Resolved
Suresh S. Tejwani
(Querist)
17 January 2023
ABC partnership firm received annual rent on Factory shed of Rs. 12 lacs. ABC partnership firm has borrowed money for the said factory shed and pays interest for the borrowed money. Whether interest can be allowable as deduction u/s 24b interest under the head house property ?
17 January 2023
Are you declaring the rental income under head IFHP?
If yes, ans is yes...
If yes, ans is yes...
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