Home loan not fr construction

210 views
User Avatar

student
333 Points Posted on 23 February 2020
can interest on loan by for house construction but for purchase of house property be shown in ITR?
0 Reply Share Follow
On 23 February 2020 at 07:13 Report
Replies (2)
Quick Summary
This discussion clarifies that interest paid on a home loan for house construction can indeed be claimed as a deduction in your Income Tax Return (ITR). Furthermore, it confirms that you are eligible to claim deductions for both the interest component and the principal amount repaid on such loans.

User Avatar

CHARTERED ACCOUNTANT
1609 Points Posted on 23 February 2020
Yess u can claim
Reply
On 23 February 2020 at 21:13
User Avatar

40 Points Posted on 15 March 2020
You are eligible for interest deduction and principal amount
Reply
On 15 March 2020 at 21:58

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Partnership tax audit query
  2. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
  3. Form 146 foreign remittance us citizen
  4. GST 16(2) notice
  5. Which GSTR-1 upload error do you hit most often?
  6. Need advice regarding accounting fees
  7. Is it possible to get a refund for an accidental o
  8. ITR-3 Section P&L - speculative income - no bo
  9. Foreign Assets reporting
  10. Build corpus in HUF

More recent discussions | Post

Related Topics :

Loading