The time limit for acquisition or construction of self-occupied house property for claiming deduction of interest is:

Related MCQs

• For the purpose of claiming higher deduction u/s 24(b), while computing income of a self-occupied property, assessee is required to take:
• Padmaja Power Co. (P) Ltd. is engaged in generation and distribution of electrical power. It avails deduction under section 80-IA. The gross receipts of the company is Rs. 89 lakhs. The last date for filing the return of income in order to be eligible to avail deduction under section 80-IA is ________________ . (Note: Assume there is no extension of time for filling the return of income)
• When a resident senior citizen having gross total income of Rs. 5,56,000, has derived interest from savings account in a nationalized bank of Rs. 8,200 and fixed deposit interest of Rs. 47,000 from such bank, he is eligible for deduction of Rs. ________ from the gross total income.
• An individual can claim deduction from his gross total income in respect of expenditure for the medical treatment of a dependent, being a person with disability upto maximum limit of
• Statutory limit u/s.16(ii) for deduction of entertainment allowance in case of a nonGovernment employee is
• Cost of acquisition of capital asset being immovable property acquired through gift covered u/s 49(4) is:
• Deduction u/s. 80E in respect of interest on education loan is allowed for:
• While computing taxable interest on delayed compensation, a standard deduction is allowed @
• Interest relating to pre-construction period is allowable:
• Loss from house property can be carried forward and set-off in subsequent eight assessment years: