Hello, Professionals, Can interest on Personal loan taken from Co-operative society and used for construction of Commercial property (Shopping mall) be deducted from rental income of that property?
Menu
Interest on Personal loan used for commercial property
Replies (1)
Yes of course as per Section 24(b) you can claim it.
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
