Once availing housing loan and acquiring the flat, if the flat being rented out, the rental income is considered income. But under this circumstance, will the deduction under sec 24 is still limited to 150000/- or the actuals? Also once housing loan is availed, how is HRA treated? Please assisst
Menu
reg tax deduction under Housing
Replies (1)
IN CASE OF RENTED PROPERTY ALL AMOUNT OF INTEREST IS ALLOWED
Recent Topics :
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
- Which Aviation Services Can Air Ticketing Professi
- Section 87A
- GST on Transport
- Which software to buy
- Property Selling and buying
- Office Management System
- Can I pursue articleship alongside a regular full-
Related Topics :
CAclubindia
