87. Deduction of Interest on Borrowed Capital in Case of Self Occupied Property

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[@TirangKotadiya]

Option 3 ans 19800 because maximum deduction is 200000

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[@thatgossipgirl976]

Simplified this topic like wow. Thankyou sir

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[@spidey6615]

37:31 In option number 3, the aggregate interest exceeds 2,00,000 so how can we take them for calculation, the final amount should be 19,800 not 24,800

[@girishbasrani6475]

sahi hn bhain correct answer 19800 hn 14800 nh bass baki sab sahi hn mtlb sop jab treat kre to overall limit ka bhi dhyan rakhna hn

[@spidey6615]

@@girishbasrani6475 ha

[@Divya_7777]

​​@@girishbasrani6475me bhi to waha pe hi confuse hogayi...i was like lekin sir ne to bolatha ki sop me max limit 2,00,000 hoga na..and comment bhi kardiya thank you yaarab to mera comment delete kardunga doubt clear hogaya😊

[@947ayushvishwakarma6]

Sir I think in 3 case The HP1 - DLO - 219800 HP2 - SO - (30000) HP3 - SO. - (170000)✓ (175000)× TAXINC. - 19800✓. 14800× Because 2HP self occupied any one HP eligible for 2lac deduction limit then such deduction will given in aggregate in respect of 2 self occupied HP HOWEVER, SIR I LOVE YOUR VIDEOS AND RELLY INSPIRED FROM YOU ❤

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[@dimplesuthar9810]

Thanku sir so much itna hard lagta tha mujhe yeh interest ab easy lag raha hai

[@StudyAtHome]

I'm glad to hear that the subject feels easier and more interesting now!

[@Ashishkr2100]

Sir agar self occupied property me interest on borrowed me 200000/30000 k lia condition fullfill hua hai ya nahi ..agar nahi bataya hai to kya assume karna hi

[@santoshchourasiya9969]

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[@demon04x]

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Thank you so much sir for the wonderful lecture 😊

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[@AshuKumar-ee3jn]

While e filing itr of fy 2023-24 the column of interest payable on self occupied property is not highlighted or is showing 0 and also it is not editable.pls help

[@chiragmalpani596]

Thanku sir ji ❤❤❤

[@StudyAtHome]

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[@nikhilbankar3238]

17:37 we are calculating deduction for PY 23-24 then how we can get deduction of SO ₹2,00,000 if property completed on 15/10/2025

[@gamingfest4411]

Thank for your help and support sir❤

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Thanku so much sir💛, bhuuuuuuuuuuuuuuuttt acha pdhate ho aap💯

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[@201ajaykori]

Thank🙏💕 you sir ji

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You're always welcome! 😊🙌

[@karanprajapati161]

Sir ill 9 me case 3 me 2sop ki aggregate limit 200000 hogi na deduction ke lie

[@sanyamsinghai4915]

37:01 sir in option 3 , as the total int of HP2& HP3 is 2,05,000 and in video no #87 you had told that we have to take total deduction of int on borrowed capital of 2,00,000 if loan is for repair and for construction??

[@StudyAtHome]

You have to take 2 lakh

[@sanyamsinghai4915]

@@StudyAtHome sir but you had deducted 2,05,000

[@StudyAtHome]

That's wrongly done in class. In book you'll find it is 2 lakh only

[@sanyamsinghai4915]

@@StudyAtHome oky... thank you sir

[@thebassman5258]

Ab darr lag rha h...naa jaane aur kya galat hoga....

[@Unboxing_haul_videos]

Thanks sir 😊

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Most welcome! 😊

[@akularaviteja7825]

Sir I have a doubt in illustration 9 HP3 is completed on 1.4.2014. but money was borrowed on july 2016 how is it possible to assume that it is for construction purpose . I think assuming it for repair is correct as construction is already completed. Please clarify my doubt. 🤔

[@naina5208]

Sir if , LO is for 10 months SO is for 2 months Is limit of 30k or 2lac still applicable?

[@nripendraku]

❤❤ Good morning sir ❤❤

[@StudyAtHome]

So early in the morning. Good going

[@nripendraku]

Very good morning sir, But this is my compulsion because I work in the office from 10 am to 6 pm.

[@mananbhandari2711]

Thank you sir 💗✨

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[@LakhbaNoor]

Sir agr teen property hai aur teeno ke liye alg alg loan liya hai loan taken for purchase of houses. To sir sabki mila ke ₹200000 hogi SO mein limit ya individual house ki hogi 2 lakh. Module mein illustration no. 49 hai usmein teeno ka mila kr 200000 limit li hai.

[@demon04x]

3 mei se bas 2 hi Self occupied hoti and the 3rd one will be deemded let out... for the 3rd one we will get the full 2,00,000 interest deduction while the other 2 will be SOP and their Aggregate interest limit is 2,00,000 however to determine which one to SO and DLO we will have to calculate and find option which is giving the least income from HP

[@thebassman5258]

37:23 mein galat nahi hua ? Inaggregate 200000 milna tha na ?

[@spidey6615]

Exactly mera bhi same question hai

[@PARMESHWARMETAL]

can we assume that, tax and available deduction is higher those house is self occupied????

[@CallMeRandomGuy]

Sir if in the question such conditions are not given then what will we assume? The limit would be ₹30,000 or ₹2,00,000 ...?

[@StudyAtHome]

2 lakh rupees.

[@rahulshet3517]

Sir option 3 Mai max 2 lakh hi deduction total for sop but u have deducted 30000 and 175000

[@Navodianradhika]

Sir itne jhamele to meri life me bhi nhi hai jinko solve krne ke liye ca banna hai😂 jitne jhamele income tax me hai😂 but mza a rha hai thankyou sir 😊

[@SnehaJain-t3k]

sir agr laon lekr flat purchase kia ho or builder ko bhi extra payment kia ho or agr property dlo ya fr lo hai to ky bank ka interedt or builder ka extra payment dono ki deduction mil jyegi kya ?

[@StudyAtHome]

No, Only Bank Interest in this case

[@zeeshankhan90122]

thank you sir

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Most welcome!😊

[@nishkarshgupta5320]

sir agr koi loan me plot leta h but vo construction nhi karata to kya use deduction mille gi ??or agr mile gi to kitni .....

[@StudyAtHome]

No deduction

[@sankalpmatrimonial310]

Very nice

[@StudyAtHome]

Thank you!

[@nripendraku]

❤❤Awesome❤❤

[@StudyAtHome]

Thank you! 😊🙌

[@Komal-gc1hu]

Sir if loan personal h but land purchase for hp ke purpose se liye h tph dedution milega?

[@DoliGola551]

Yes , because it is for the purpose of construction

[@DoliGola551]

This was discussed in the previous class of HP .

[@Moneymatters9946]

No limit on intrest means joh bhi intrest banega voh deduction milega ?ri8?

[@Moneymatters9946]

For dlo and lo

[@StudyAtHome]

Right

[@madhuri_7418]

SOP 1st loan for construction and int is 70,000 2nd loan for repair and int is 150000 . To deduction 70k ka milega or max 2 lakh ???

[@StudyAtHome]

2 lakhs

[@ig-cs.aspirant_]

Perquisite Wale scenario m kya hoga?? Deduction milega ya nahi?? Sir please reply coz we don't have any personal faculty to help us.

[@anamika3564]

Interest at concessional rate to employees pe deduction milega. Interest free loan pe deduction nhi milta😊😊

[@sajankumar-jw6ji]

Gst classes nov 24 ke liye hai kya sir

[@StudyAtHome]

Yes, watch it from here: kzbin.info/aero/PLyY2ccCWylAozEb7wfWYjPAJjCiKoNRP4&si=Oy9hqd3_zSrK2td-

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All the practical’s in these videos there in cs executive?

[@shawn7761]

Pls do reply

[@StudyAtHome]

Yes!

[@parshantrajputrajput4928]

Sir illustration 9 mae house 3 mae higher of mv and Fr lenge to 375000 aayega or phir iska 6% krna h aap mujhe btaiye mera glt h isme aapne 330000 ka 6% kiya h jo municipal valuation h Municipal valuation -330000 Fair rent - 380000 Standard rent p.a. 375000 Municipal taxes -6%

[@spidey6615]

3,30,000 par 6% calculate hoga kyuki municipal tax is (% of municipal value)

[@ruchikaarya3459]

Sir, when will the syllabus be over for both DT and IDT

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It will be completed by Feb 2024.

[@yunitsaini737]

🎉🎉🎉

[@ppatil2295]

Hello Sir As (6:15) the aggregate limit of two SOP is ₹200000 then at any cost the limit will not exceed 2lakh right Then (37:45) in this problem option 3 the limit is in aggregate is 2.05 lakh? So I am just confuse here😢

[@StudyAtHome]

It should have been 2 lakhs. In book, it's 2 lakhs only. Sir wrongly wrote it 2.05 lakhs.

[@ppatil2295]

@@StudyAtHome Thank you for your reply🥰

[@sushilyadav8028]

Jay shree Krishna sir ji

[@filmbuff57]

Sir illustration 9 Agar Self occupied CASE MAIN hamne Municipal taxes pay kiye hain tho NAV negative bhi aa sakta haina

[@StudyAtHome]

Self Occupied ki calculation NAV se hi start hoti hai. So no deduction of municipal taxes

[@filmbuff57]

@@StudyAtHome thank you sir ♥️

[@thelao7449]

SIR SORRY BUT YOU ARE LOOK LIKE FAMOUS KZbinR MORTAL

[@All-rounder2811]

Yes sir

[@CallMeRandomGuy]

Correction “That KZbinr looks like him not he is looking like him ”

[@chanelnumber420]

Sir in last ques when we take H1 as DLO and H2 &H3 as SO Loan is taken for repair of H2 and purchase of H3. Then the limit of Interest deductible must be only ₹ 2'00'000 but not ₹1'75'000 + ₹ 30'000

[@chanelnumber420]

And when we are given the option to pay in installments for purchase of house property, the extra amout paid due to installments is deductible as interest only when we have taken the loan or in every case ?

[@chanelnumber420]

As 2 loans as taken one for repair and other for onstruction of HP

[@itsme-sneha]

Thank you sir 😊

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Thank you soooooo much sir❤❤❤❤❤❤❤❤

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[@maitri-23]

thank you sir

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thank you so much sir

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[@harshtiwari6099]

Thank you sir

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[@SrishtiGoel14]

Thank you so much sir 😊😊

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Most welcome!