Showing posts with label Home Renovation Loan. Show all posts
Showing posts with label Home Renovation Loan. Show all posts

Interest of up to Rs. 30,000 on House Renovation Loan Tax Exempt..

Interest of up to Rs. 30,000 on House Renovation Loan Tax Exempt..
Reply by Ms. Parizad Sirwalla, CA While calculating long-term capital gains on selling a property, will the cost of renovation be considered? — Mr.Sandeep, Mumbai Expenses incurred for improving the life of an asset is considered as cost of improvement and allowed as deduc…
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