Accountancy, asked by hyundaihowroom12, 6 hours ago

Manoj purchased house for his residence and borrowed a loan of Rs. 25 lakh in 2008. The deduction for interest will be when interest payable in previous year is 275000 Rs-
(1) Rs. 30000
(2) Rs. 1,75,000
(3) Rs. 2,00,000
(4) Rs. 2,75,000

Answers

Answered by shifa702111

2

Explanation:

=25,00,000-2,75,000

=2,75,000

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