As to the second mortgage attention out of $70,000, it is experienced sensible from the affairs with the situation to allow it to be that a portion of the attract repaid regarding the months from just one.seven.2022 to help you 29.3.2023 only —- sections 26E(3)(b) and 26E(4)(b).
FactsMr A’s money from a job during the amounted to help you $three hundred,100. He is unmarried. The guy states first allotment out of $132,one hundred thousand and you will mortgage desire deduction from $100,one hundred thousand.