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
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
