Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI The Authority for Advance Ruling, Tamil Nadu... TaxTMI The Authority for Advance Ruling determined that... TaxTMI The ITAT Jodhpur allowed admission of additional... TaxTMI The Authority for Advance Ruling, Tamil Nadu... TaxTMI CESTAT address the issue of revision in duty... TaxTMI CESTAT New Delhi held that an aircraft used for... TaxTMI The ITAT Delhi held that the reopening of... TaxTMI The Advance Ruling Authority in Tamil Nadu... TaxTMI The case concerns the liability of an exporter to... TaxTMI The High Court found a violation of natural justice... TaxTMI The Income-tax (Sixth Amendment) Rules, 2024,... TaxTMI The Ministry of Finance, Department of Revenue, u/s... TaxTMI The Instruction issued by the Government of India... TaxTMI The High Court examined the legality of a seizure... TaxTMI The case concerns the classification of services... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Home

Law and Procedure an e-book

Home List Manuals Income Tax Income Tax - Frequently Asked Questions (FAQs)FAQs on Income from house property This

← Previous Next →

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Income from house property

Can interest paid on loans taken from friends and relatives be claimed as deduction while calculating house property income?

Contents

Ans. Yes, if the loan is taken for purchase, construction, repair, renewal or reconstruction of the house. If the loan is taken for personal or other purposes then the interest on such loan cannot be claimed as deduction.

← Previous Next →

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

C: Disclosures of Material Changes and Other Obligations for Foreign Port...

C: Enhancement of operational efficiency and Risk Reduction - Pay-out of ...

H: Renewal of Custodianship for M/s Adani Ennore Container Terminal Pvt L...

H: Master Circular issued for Foreign Portfolio Investors, Designated Dep...

H: Master Circular for Stock Brokers updated to include all relevant circ...

H: Amendments to FPI regulations relax timelines for disclosure of materi...

H: Enhancing operational efficiency & reducing risk - SEBI mandates direc...

H: From 1st June 2024, CBIC will migrate to GSTN BO. New registration app...

H: Export of Broken Rice to Senegal and Gambia extended through NCEL unti...

N: Export of food commodities through National Cooperative Exports Limite...

F: ITC Disallowed Under 16(4)

F: Composition scheme

F: PRIVATE CHARITABLE TRUST

F: RECOVERING GST PAID AT HIGHER RATE

H: Classification of goods clarified by AAR - Sleeping Bag Mk4 large fall...

H: Refund claim allowed as the test of unjust enrichment passed. Interest...

H: CESTAT rules in favor of appellant in Customs Act case. Permit for pas...

H: Wrongful utilization of CENVAT Credit under Reverse Charge Mechanism d...

F: Notice received Service tax on labour supply

F: Registration

F: Repair and Maintenance Input in case of Immovable property given on rent

A: Understanding the Rights, Duties, and Liabilities of a Director in a C...

N: Income-tax (Sixth Amendment) Rules, 2024 - Form No. 27Q amended. New i...

A: SEAT OF ARBITRATION IS TO BE BASE OF CONNECTION WITH ARBITRAITON PROCE...

A: Proper Officer has to mandatorily disclose the reasons for the rejecti...

A: Unutilized VAT Credit is allowed to be transitioned under the GST regime

H: Liability to pay GST excluded in contract; contractor cannot claim add...

H: Margin Scheme not applicable for scrap items like Iron, Lead Acid Batt...

H: GST applicable only on supervision fee, not on material/labor cost.

H: Impugned show cause notice lacked essential details for hearing. Court...

↑Top