Definition of house property

as per section 22 the house property includes any property and land connected to it
will it include agricultural land? and reference where it is expressly written


and as per section 24 will there be deduction available for interest on loan taken for acquisition of land?
Replies (2)
Quick Summary
This discussion clarifies the definition of 'house property' under Section 22, questioning whether it includes agricultural land. It also explores the availability of deductions for loan interest taken for land acquisition under Section 24, noting that such deductions are generally not permitted and seeking the reasoning behind this rule.

Defination of house property is ok. but no deduction for interest on loan.
Reason for no deduction?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details