Taxation of house property


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 May 2018 Dear Sir

We have constructed house property by taking mortgage loan and given on rent, now my question is whether We can claim interest paid on mortgage loan as deduction from rent income ??

02 May 2018 Interest in respect to the loan amount exclusively used for the purpose of construction of the let out property can be claimed as deduction.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 May 2018 yes mortgage loan was taken for construction of building. Sir can you provide any supporting documents ??

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
02 May 2018 https://cleartax.in/s/house-property https://www.charteredclub.com/tax-benefit-on-home-loan/

03 May 2018 Supporting Documents-Property Documents and Payment Details , Mortgage Loan Account Showing Balance at the end of the year and containg the details as regards the disbursed amount, withdrawals, interest , repayment details etc, Bank Statement/Pass Book showing the property payment details.

03 May 2018 Supporting Documents-Property Documents and Payment Details , Mortgage Loan Account Showing Balance at the end of the year and containg the details as regards the disbursed amount, withdrawals, interest , repayment details etc, Bank Statement/Pass Book showing the property payment details.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details