An assessee has borrowed money for purchase of house and interest is payable outside India. Such as interest shall ____________
A) Be allowed as deduction
B) Not to be allowed as deduction
C) Be allowed as deduction if the tax is deducted at source
D) None of the above
Correct Answer:
Verified
Q11: M.has taken a house on rent and
Q12: Municipal valuation of the house is Rs.1,00,000
Q13: A has two house properties. Both are
Q14: Municipal valuation of the house is Rs.1,20,000,
Q15: A has two house properties. Both are
Q17: Municipal tax is deducted from_
A)Net annual value
B)Gross
Q18: In case the property is owned by
Q19: A house property with fair rent Rs.1,20,000
Q20: Unrealized rent is a deduction from _-
A)Gross
Q21: Dhanesh is a member of house building
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