TaxTMI 
TaxTMI 
i want to know a case law related to deduction of interest on let out house property u/s 24 B
deduction of interest on let out house
05 Jan 2016 
1 Reply 
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Deduction of interest on let out house property is an allowable deduction under the Income Tax Act under section 24B.
The document confirms that interest paid on borrowed capital for a let out house property is an allowable deduction against income from that house property under the Income Tax Act, recording a query seeking case law and a reply affirming deductibility. (AI Summary)
The document confirms that interest paid on borrowed capital for a let out house property is an allowable deduction against income from that house property under the Income Tax Act, recording a query seeking case law and a reply affirming deductibility. (AI Summary)
