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House property

Direct Taxation

Loan taken before 1/4/99 1-Then limit is 30,000 on repairs, renovation 2-And limit is 30,000 on purchase acquisition and construction .. 30,000 and 30,000 both separately check karne ka that is 60,000 allow hoga as interest deduction Ya fir 30,000 combine


Addu Gill

Addu Gill

CA Inter

0

16-Mar-23 08:32

453

Answers (3)

30,000


Dono ko combine nahi kar sakte because dono case hi alag h


dheeraj hembram

dheeraj hembram

CA Inter

240

19-Mar-23 08:40

Repair, renewal, reconstruction criteria is whether it is taken ( before or after 1/4/1999) doesn't matter -maxm allowed is 30000 But in case of construction or purchase if it is before 1/4/1999 only then maxm allowed is 30000


dheeraj hembram

dheeraj hembram

CA Inter

240

19-Mar-23 08:44

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