Section 54F Vs House Property Head
This query is : Resolved
06 June 2011
One of my client has sale his house property for 10 Lakhs and also purchase another residential house property for 15 Lakhs to claim benifit of section 54F but he has purchased this new house by Home Loan from Bank?
Whether they can claim interest and principal paid on housing loan under the head of Incomet from house property and u/s 80C respectively??
Whether they can claim interest and principal paid on housing loan under the head of Incomet from house property and u/s 80C respectively??
CA MANOJ GUPTA
(Expert)
06 June 2011
YES WHY NOT
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