Hi,
House was bought and was registered in March 2015 and gave it for rent from August 01,2015. But the interest on the loan taken for buying house has started from April 2015. Can we show the house [property income. If yes, can we deduct interest from house income?
TIA
For AY 15-16, can I declare rent and claim interest??
No only for AY 16-17 you can claim
Gowra Ventures Pvt Ltd
Hyderabad
CA
View Details
Chirag N Shah & Associates
Mumbai
CA Inter
View Details
A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
View Details
SKAA & Associates
New Delhi
CA Inter
View Details
CAclubindia
