House property

Direct Taxation

Once the house property is sold, can the assesse claim deduction for payment of interest on loan(in any head) , which he have bought to buy the said property?

Christeena Ambel

CA Inter

★ 5K+

13-Nov-21 15:13

599

Answers (2)

Surya Prakash

CA Final

★ 19K+

13-Nov-21 16:56

No, to claim 24(b)...assesse should be owner of the house property. There is no question of taxing income from house property if the assesse is not the owner of ho

Star Ca

CA Inter

★ 3K+

14-Nov-21 22:57