HOUSE RENT AND BUILDING LOAN INTEREST

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..... HOUSE RENT AND BUILDING LOAN INTEREST
Query (Issue) Started By: - S.C. WADHWA Dated:- 2-3-2015 Income Tax
Income Tax
Dear Experts, One of our employee getting hra and paid rent till oct.14. .....

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..... in Nov he get building loan of ₹42 lac in joint name with spouse and purchased a house and get possession. he also get loan for renovation of ₹10 lac in joint name. Now my query is whethe .....

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..... r (1) He can claim rent paid till oct and (2) 50% share of int paid upto 2 lac (3) 50% share of int paid on loan renovation upto 30000/- (4) 50% share of principle amt paid upto 150000/-. .....

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..... Please give your expert opinion. Regards, WADHWA
Discussion Forum - Knowledge Sharing .....

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