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interest and principal

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none
37 Points Posted on 25 July 2018
whether loan taken for purchase of land qualifies for deduction under section 24b and 80c?
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On 25 July 2018 at 21:51 Report
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100 Points Posted on 25 July 2018
it will be qualified for deduction if such loan is taken for construction of plot on that land.
mare purchasing of land does not qualify for deduction
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On 25 July 2018 at 22:08
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intern
2216 Points Posted on 25 July 2018
No, you aren't allowed deduction . neither under 24b nor 80C
67 Reply
On 25 July 2018 at 23:13
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12244 Points Posted on 25 July 2018
if you construct any building within 5 years over the land, then you can claim those interests as preperiod interest
35 Reply
On 25 July 2018 at 23:58


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