Tax Deduction for Interest Free Loan

Discussion in 'Chartered Accountant' started by Ajsh LLp, Sep 3, 2016.

  1. Ajsh LLp

    Ajsh LLp New Member

    what if the employee has taken an interest free loan for constructing his house property from his employer? Would he still be eligible to claim deduction of interest on borrowed capital u/s 24(ii)?
     
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