Home Loan Interest deduction

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  1. Salin Venugopalan

    Salin Venugopalan New Member

    I post this query on behalf of my colleague.

    He owns a house in bangalore, but he doesnt stay in the same. Due to the distance from office , he stays in a rented house.

    Query : Can the interest paid be claimed as loss from house property and be claimed as deduction.

    Regards,
    Salin
     
  2. Piyush Chawla

    Piyush Chawla Active Member

    Yes, the interest paid can be claimed as a loss from house property
     
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