Tax treatment hp
This query is : Resolved
10 February 2016
taken loan 50 lakh and paid interest 2 lakh interest 2nd case
wothout loan purchase hp at 50 lakh plz gv tax implication
10 February 2016
if you have taken Housing loan if it is SOP than Interest can be claimed upto 2 Lakhs u/s 24B , Principal Upto 1.5 Lakh U/s 80C, i it is let out property there is no ceiling Limit for Interest Payment .
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