Sec.24b/ 80c
This query is : Resolved
21 July 2016
Is principal portion of home loan is deductible under 80c, if the house property is a let out property?
21 July 2016
Yes.But income from let-out property is to be shown as income from house property.
21 July 2016
Thank you sir. Actually house property computation shows a loss. Still a dispute came in the office, that's why I asked the query.
21 July 2016
Thank you sir. Actually house property computation shows a loss. Still a dispute came in the office, that's why I asked the query.
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