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

Income Tax

November 15, 2012

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 ...

Income Tax

November 15, 2012

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