Santhnam purchased in October, 2017, a flat in Chennai, to be used for his own residential purposes with the financial assistance of housing loan taken from PNB Housing Finance Ltd. He has paid interest on such loan till
CS Executive · Tax Laws and Practice · PYQS · June 2018
Santhnam purchased in October, 2017, a flat in Chennai, to be used for his own residential purposes with the financial assistance of housing loan taken from PNB Housing Finance Ltd. He has paid interest on such loan till March, 2018 of ₹1,78,780. The amount of interest paid on such loan allowed u/s 24 is:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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