Thursday, December 16, 2021

Famous Home Loan Exemption In Income Tax Fy 2017-18 References

Famous Home Loan Exemption In Income Tax Fy 2017-18 References. You can claim deduction upto rs.2 lacs on second rented house. List of important income tax.

Repayment Of Housing Loan Deduction For Ay 2017 18 House Poster
Repayment Of Housing Loan Deduction For Ay 2017 18 House Poster from houseposter.blogspot.com

Income tax slab rates for the period april 2017 to march 2018: If you have taken a home loan, then you can claim a tax deduction on the interest component of the loan under section 24 (b). Asked 4 years ago in income tax.

If You Have Taken A Home Loan, Then You Can Claim A Tax Deduction On The Interest Component Of The Loan Under Section 24 (B).


You can claim deduction upto rs.2 lacs on second rented house. 5% tax rate for income up to rs. Income tax slab rates for the period april 2017 to march 2018:

2 Lakh As Exempted Income / Loss Allowed To Deducted From.


List of important income tax. Tax bene t on loan repayment of second house will be restricted to rs 2 lakh per. Individuals/hufs/aop/boi upto 2.5 lacs **.

Asked 4 Years Ago In Income Tax.


Let’s get to the details. Deduction of housing loan interest is available separately for each house. This deduction is available on accrual basis i.e allowed in the year for which such interest relates.

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