What is the maximum limit for getting rebate on interest paid on housing loan?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160277 Points)
Replied 30 May 2017
As per Section 24(b) Rs. 2,00,000/- for new house loan & Rs. 30,000/- for repairs
ref: https://www.businesstoday.in/union-budget-2017-18/news/budget-2017-tax-benefit-reduced-significantly-on-rented-property/story/245475.H T M L