Regarding tax saving
This query is : Resolved
27 February 2012
If salaraied person paid interest on persoanl loan but such loan used for building a house insted of geting housing loan he avail personal loan than it is possible to avail interest deduction in its computaion.
27 February 2012
The assessee cannot claim deduction of such interest as he will not be able to prove that the loan was used for construction of a house.
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