TMI BlogMin. holding period of 5 years for residential house property -applicable for interest (Sec 24)?X X X X Extracts X X X X X X X X Extracts X X X X ..... Min. holding period of 5 years for residential house property is necessary for section 80C deduction and if transferred before completion of 5 years, all deductions claimed towards repayment of loan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in earlier years is treated as income in the year of the transfer. Please advise same thing is applicable for deduction claimed towards interest on borrowed capital for house property ( Sec 24 ). ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thanking in anticipation.... - Min. holding period of 5 years for residential house property -applicable for interest (Sec 24)? - Query Started By: - Ramesh Rangani Dated:- 22-7-2016 Income Tax - I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncome Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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