banner_ad

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 ??
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
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/
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
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.
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
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


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details