AAFM Exam GLO_CWM_LVL_1 Topic 4 Question 9 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 9
Topic #: 4

Puspinder Singh Ahluwalia took a housing loan on 1st. of June 2009 (EMI in arrear) of Rs. 50 lacs at a ROI of 10.75% p.a. compounded monthly for 12 years. He wants to know the deduction in taxable income he can claim u/s 24 of the IT act for the FY 2011 -12

A480178

B150000

C330178

D125000

Show Suggested Answer

Suggested Answer: B

by Arlette at May 07, 2022, 04:27 AM

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