I have Purchased a new house in A.Y.14-15 for 15,00,000
now in A.Y.2015-16 i sold my old House for 10,00,000/-
Cost of House was 8,00,000/-(after Indexation)
Addtional Info
1.i have taken Loan of 10,00,000 for purchase of that new House mention above.
2.interest is 12%
Question is...what will be the tax treatment for this ?
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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CAclubindia
