https://www.taxtmi.com/forum/issue?id=107041 The question is whether the perquisite value of concessional home loan interest included in salary can be deducted under Section 24(b). The reply states it cannot: Section 24(b) permits deduction of interest actually payable on capital, but the perquisite taxed under salary is not an interest payment to the lender, and the proviso requiring a certificate from the payee cannot be met because the bank has not received the perquisite amount as interest. en-us Thu, 17 Jul 2014 10:16:13 +0530 Thu, 23 Jan 2025 15:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107041 The question is whether the perquisite value of concessional home loan interest included in salary can be deducted under Section 24(b). The reply states it cannot: Section 24(b) permits deduction of interest actually payable on capital, but the perquisite taxed under salary is not an interest payment to the lender, and the proviso requiring a certificate from the payee cannot be met because the bank has not received the perquisite amount as interest. Discussion-Forum Income Tax Thu, 17 Jul 2014 10:16:13 +0530 https://www.taxtmi.com/forum/issue?id=107041