loan from a pvt financial institu/ person would be eligible for deduction u/s 24b of income tax act.

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loan from a pvt financial institut/person would be eligible for deduction u/s 24b of income tax act.

Poll closed Jul 26, 2014.
  1. loan from a pvt financial institut/person would be eligible for deduction u/s 24b of income tax act.

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  2. loan from a pvt financial institut/person would be eligible for deduction u/s 24b of income tax act.

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  1. BISHNUPADA BARIK

    BISHNUPADA BARIK New Member

    loan from a pvt financial institut/person would be eligible for deduction u/s 24b of income tax act.
     
  2. Sneha_Dhar

    Sneha_Dhar New Member

    Dear @BISHNUPADA BARIK

    This is what Section 24 has to say:-

    "

    So I think if certificate mentioning the interest payable is furnished by the financial institution/person from whom the loan has been taken, the deduction should be allowed.

    PS: This is only my interpretation
     
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