Sec 24(b)..


This query is : Resolved 

Quick Summary
This discussion clarifies whether a loan taken specifically for purchasing a plot of land is eligible for tax deduction under Section 24(b). The consensus provided is that such loans are not eligible for deduction under this section. Therefore, if you've taken a loan for a plot purchase, you cannot claim a tax benefit through Section 24(b).

01 April 2022 Dear Sir,
If Loan is taken for Purchase of Plot, is it eligible for deduction u/s 24b Please clarify my doubt as soon as possible


Thanks in advance.
Regards,
Bheema Reddy.

01 April 2022 Not eligible to claim.

06 April 2022 Thank you so much sir


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