Treatmnt of intrst & prncpl paid on 2 loans for 1 h. proprty
This query is : Resolved
Sushant Mahajan
(Querist)
07 November 2013
If an Individual has two loans against one house property, what will be the treatment of such interest and principal repaid for income tax purposes?
Will deduction of interest and principal repaid be allowed for both the loans?
Please reply.
Will deduction of interest and principal repaid be allowed for both the loans?
Please reply.
CMA Ramesh Krishnan
(Expert)
07 November 2013
https://www.caclubindia.com/experts/treatmnt-of-intrst-prncpl-paid-on-2-loans-for-1-h-proprty-1501354.asp#.Unuq8OIUN-w
Sushant Mahajan
(Querist)
08 November 2013
Thank You sir.
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