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Section 24(b): Deductions from income from house property

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(Querist)
05 May 2023 Can the Interest paid for aquiring/purchasing a commercial property be claimed as a dedection u/s 24(b) against the rental income from that commercial Property?
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
05 May 2023 Yes, when the rental income is declared under head IFHP.

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