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Pushkar completed the construction of a house property on 14.

Pushkar completed the construction of a house property on 14.8.2008 with borrowed capital of Rs.8,00,000 @ 12%. The loan was taken on 1.4.2006 and is still outstanding. The house was used for his own residence during the entire FY 2012-13. Deduction U/S 24(B) for interest on borrowed capital for PY shall be

A.

Rs. 1,50,000

B.

Rs.30,000

C.

Rs.96,000

D.

Rs.1,34,400

AAFM CTEP Summary

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  • Product: CTEP
  • Update on: Jul 25, 2025
  • Questions: 472
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