Is Interest Paid to Builder on Outstanding Purchase Price of Flat Allowable U/s 24 of the I T Act?

1
1013

In many cases, the builders offer the scheme to buyer for instalments and under an agreement they charge for the interest on the instalments. Then there may be case that the builder agrees to take sale price in instalment and for that he charges interest. Punjab & Haryana Court while deciding the case of CIT…

This content is for annual members only.

Log In Register

Comments are closed.