Tax benefit


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2016 I have booked a flat. i have not taken any loan from bank. installment will be paid monthly from my salary. can i claim deduction of installment paid.

20 February 2016 No. The interest on HOUSING loan qualifies for deduction. Sale by installment as such has got no deduction.


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