Category Archives: House Property Income

How to Claim Deduction of Interest on Loan Borrowed Capital on House Property under Section 24(b)

Limits & Conditions for Claiming Deduction of Interest on Borrowed Capital includes loan take from banks, financial institutions or from private sources on house property for computation of Income from House Property under Section 24(b) of Income Tax Act,1961 Section 24(b) of the Income Tax Act allows deduction from income from houses property on interest… Read More »