Ms. Suhashini look a loan for construction of the house and paid interest of ₹ 2,80,000 during the financial year. The loan was taken on 28.5.2013 and construction is completed on 28.6.2018. How much interest will be allowed as deduction u/s 24(b) if the house in self-occupied
A. ₹2,80,000
B. Nil
C. ₹ 30,000
D. ₹ 2,00,000
Answer:D
Ms. Suhashini look a loan for construction of the house and paid interest of ₹ 2,80,000 during the financial year. The loan was taken on 28.5.2013 and construction is completed on 28.6.2018. How much interest will be allowed as deduction u/s 24(b) if the house in self-occupied
A. ₹2,80,000 B. Nil C. ₹ 30,000 D. ₹ 2,00,000