Income from house property

raja (owner) (86 Points)

28 April 2016  

Dear Experts,

I own a shopping complex let out to bankas and other sundry tenants. ITR Form 4 HUF.

MY QUERY :

1) am i eligible to deduct the interest paid to the bank loan ( loan availed for construction of shopping complex) under current year loss as specified in income tax verification form.

2) am i eligible to deduct the 30% satutory deduction from net annual value income under current ear loss as specified in income tax verification form.

KIndly clarify my queries

Regards

Dr.Raja.