house proerty interest

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Amol Katare (Querist)
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18 July 2009 i m having 2 house properties, can i claim deduction for interest and prinipal sum repayment for both the houses.

CA Hemant T Dewani (Expert)
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18 July 2009 no you will choose one house which is used by you & other house is let out you will take full interest deduction on the second house

CMA Gul S (Expert)
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18 July 2009 No You can only claim Interest on one house to the limit of 150000

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