AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 84 Topic 9 Discussion

AAFM Chartered Trust & Estate Planner® (CTEP®) Certification Examination CTEP Question # 84 Topic 9 Discussion

CTEP Exam Topic 9 Question 84 Discussion:
Question #: 84
Topic #: 9

The interest payable for a housing loan outside India is not allowed as a deduction U/S 24 (1) while computing the income from house property. The given statement is


A.

True


B.

False


C.

Deduction allowed only to the limit of Rs. 1,50,000


D.

Deduction not allowed if the total value of the house if more than Rs. 4 million


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