Can interest paid on loan provided by holding company to subsidiary company for vacating the tenants of the residential premises be claimed by the subsidiary company u/s.24(b)????
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Deduction u/s. 24(b)
Replies (2)
Interest u/s 24(b) is only for Interest paid against Construction of the house property & not for vacating the tenants
agreed with roshan no such interest wl b allowed u/s 24(b)
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