Is Interest Paid to Builder on Outstanding Purchase Price of Flat Allowable U/s 24...

In many cases, the builders offer the scheme to buyer for instalments and under an agreement they charge for the interest on the instalments....

Is Interest on Loan Taken For Payment of Earlier Housing Loan Allowed Deduction?

Is Interest on Loan Taken For Payment of Earlier Housing Loan Allowed Deduction? Yes, section 24 allows the interest on the loan borrowed...

Can One Claim Interest Deduction U/s 24 On Two Home Loans For Same House...

Can we avail two loans for the same house and claim deductions towards interest on housing loans. Damian Lobo , Mumbai Section 24...

Can The Quantum Of Deduction u/s 24 & section 50C Decided By Joint Owners...

I and my wife have purchased a flat (ownership 50-50%) on a loan taken from a bank in which our joint income was considered....

Only Three Types Of Expense Allowed To Be Deducted From House Poperty Income!

I am a salaried employee with self occupied house. I am availing tax benefit out of loan for purchase of the house. Apart from...

Can Loss Out of Let Out Property Be Set Off With Income under Different...

Kindly let me know whether the loss on let out property income can be considered by my employer while arriving at my taxable income...

Can A Person Get Deduction of Interest Paid On More Than One Loan Borrowed...

I and my wife are both salaried employees. We are purchasing a house jointly. I am taking a loan of Rs 25 Lakhs from...

Can Only Wife Show Rent Even If The House Is Jointly Held With Husband?

I'm a Govt. Servant and my wife is a housewife. I have purchased a flat in joint name, i.e., I'm the owner and my...

Can Husband Claim Deduction Of Interest On Loan Used For Buying House In Name...

We have bought a house in my name.I am a house wife with no income.The loan is taken in my name.My husband pays the...
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