Tax benefit

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2015 Dear All,

I am purchasing a plot(diverted) on finance. So please suggest me can i avail any tax benefit in this case?

03 August 2015 if ur taking a loan then principal and int u can get tax benefit under sec 24b and sec 80C

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2015 Dear Sir,

But this is in case of Home loan, as i heard.
Is it applicable to Property loan also? i have no planning about to construct home within two years.

03 August 2015 the words used are land and building sec 22 charging section hence deduction will be allowed for buying same.

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2015 Ok

Thank You very much Sir!
Your advise is appreciable.

Have a nice day!

03 August 2015 you are welcome friend...........


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