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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 10 Topic 2 Discussion

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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 10 Topic 2 Discussion

GLO_CWM_LVL_1 Exam Topic 2 Question 10 Discussion:
Question #: 10
Topic #: 2

Pushkar completed the construction of a house property on 14.8.2008 with borrowed capital of Rs.800000 @ 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 10-11. Deduction U/S 24(B) for interest on borrowed capital for FY shall be
A.

150000

B.

30000

C.

96000

D.

134400

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Actual exam question for AAFM GLO_CWM_LVL_1 exam by Talon7856 at Nov 9, 2025, 9:54:07 PM

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