NEW QUESTION: 3
Section B (2 Mark)
Accrued Interest on loan for self occupied property is Rs.110000 till 31 March 2010. Loan was taken for construction on 31/07/2006 and construction completed on 03/04/10. Interest for the year 2010-11 is Rs
22000. Determine what interest shall be allowed u/s 24(b) for AY 2011-12.
A. 0
B. 1
C. 2
D. 3
Answer: D
NEW QUESTION: 3
Section B (2 Mark)
Accrued Interest on loan for self occupied property is Rs.110000 till 31 March 2010. Loan was taken for construction on 31/07/2006 and construction completed on 03/04/10. Interest for the year 2010-11 is Rs
22000. Determine what interest shall be allowed u/s 24(b) for AY 2011-12.
A. 0
B. 1
C. 2
D. 3
Answer: D
NEW QUESTION: 3
Section B (2 Mark)
Accrued Interest on loan for self occupied property is Rs.110000 till 31 March 2010. Loan was taken for construction on 31/07/2006 and construction completed on 03/04/10. Interest for the year 2010-11 is Rs
22000. Determine what interest shall be allowed u/s 24(b) for AY 2011-12.
A. 0
B. 1
C. 2
D. 3
Answer: D
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NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
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