THREE RESIDENTIAL FLATS ON ONE FLOOR PURCHASED IN THE NAME OF HUF . TWO HOUSING LOANS WERE RAISED FOR PURCHASE OF ABOVE PROPERTIES.
WHETHER BOTH LOANS ARE ELIGIBLE FOR DEDUCTION OF INTEREST ON HOUSING PROPERTY U/S 24 (a)?
& DEDUCTION FOR REPAYMENT OF PRINCIPAL OF LOAN?
yes both loans will be eligible fr deduction u/s 24(b) as well as 80C
Malhotra Rajesh & Associates
New Delhi
B.Com
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