Tax applicability on farm house
This query is : Resolved
Quick Summary
16 June 2021
I have a farm land in my name at home town.
I am availing housing loan in my name to construct farm house and expenses on landscaping.
Can I take a housing loan exemption for deduction from my salary on the interest and principal.
Experts, please advise and guide.
I am availing housing loan in my name to construct farm house and expenses on landscaping.
Can I take a housing loan exemption for deduction from my salary on the interest and principal.
Experts, please advise and guide.
CA R SEETHARAMAN
(Expert)
17 June 2021
Yes, you can avail housing loan exemption and dedication.
CA Puja Sharma
(Expert)
17 June 2021
Yes you can avail the exemption.
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