Hi.,
My client have the house and paying the preconstruction interest from 2015 to till now. (The loan is Husband and wife name)
Per year he is paying the Interest appox. 250000 , prinction 150000 .
now he is asking the suggestion.
Can any one suggest . what are the tax implication ., how much he can cliam per year and can we do all in one person name ?
Please suggest
Jagan. R
9900054424
How is it income from house property?
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