Accrued interest of home loans

144 views
User Avatar

1 Points Posted on 22 February 2020
circular on claiming accrued interest on home loans as a deduction
0 Reply Share Follow
On 22 February 2020 at 14:08 Report
Replies (2)
Quick Summary
This discussion clarifies that you can claim accrued interest on home loans as a deduction, even if you haven't fully paid it yet. It highlights that this provision is already covered under Section 24(2) of the relevant tax laws, making a separate circular unnecessary for understanding this benefit.

User Avatar

42 Points Posted on 22 February 2020
Yes it is not necessary the payment of interest
Reply
On 22 February 2020 at 15:14
User Avatar

17269 Points Posted on 22 February 2020
No need of circular.
it's there in section 24(2) itself.
Reply
On 22 February 2020 at 15:39

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. CA Fees deduction for non audit case allowed?
  2. 5th Letter PAN Mismatch with Surname issues still
  3. Criteria to hire an article
  4. Guidence requested for a Finance Professional with
  5. Expert Opinion Required – Form 140 Gross Amo
  6. WRONG TAX DEMAND - formal responses , rectificatio
  7. Foreign remittance
  8. Affordable Residential Flats in Gurgaon
  9. Manufacturing
  10. TAN REGISTRATION ON E-FILLING SITE

More recent discussions | Post

Related Topics :

Loading