Interest on housing loan - a deduction under section 24(b) is ...

Taxpayer Can Claim Interest Deduction on Housing Loan; Asset Cost Considered for Capital Gains Calculation u/s 48.

November 15, 2012

Case Laws Income Tax AT

Interest on housing loan - a deduction under section 24(b) is claimed when concerned assessee declares income from 'house property', whereas, the cost of the same asset is taken into consideration when it is sold and capital gains are computed under section 48. - in favor of assessee - AT

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Interest on housing loan - a deduction under section 24(b) is ...

Taxpayer Can Claim Interest Deduction on Housing Loan; Asset Cost Considered for Capital Gains Calculation u/s 48.

November 15, 2012

Case Laws Income Tax AT

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