income tax related query

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hello sir / madam
suppose we are annuuly turnover 1 cr and as per boook profit 8 lakh then we get deduction home loan interest and 1.5 lakh investment yes and no
Replies (3)
yes you can get deduction of home loan but upto RS 1 lakhs
Originally posted by : Nirukumar Shrivas
hello sir / madam suppose we are annuuly turnover 1 cr and as per boook profit 8 lakh then we get deduction home loan interest and 1.5 lakh investment yes and no

 

Can You give definition for "WE"

yes you can get deduction of home loan but upto RS 1.5 lakhs

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