Treatmnt of intrst & prncpl paid on 2 loans for 1 h. proprty

This query is : Resolved 

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.

07 November 2013 https://www.caclubindia.com/experts/treatmnt-of-intrst-prncpl-paid-on-2-loans-for-1-h-proprty-1501354.asp#.Unuq8OIUN-w

08 November 2013 Thank You sir.


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

Follow us
add to google news


Answer Query



Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details