It assessee sales of apartment rs:50 lacs in f.y.20-21.if assessee brokerage paid rs:5 lacs and mortgage loan interest paid rs:8 lacs .
Question:
Assessess brokerage and loan interest paid amounts deducted sales of apartment value claim allowed in it act.
Hi @Sundaraiah_Kollipara, mortgage loan interest shall not be allowed to be claimed but you can claim transfer expenses like your brokerages and stamp duty.
Hope this answered your question. 