I along with others own a Residential house(1/3rd share for me)and residing in this house.I acquired a flat at another place in my own name after availing loan and rented out either for residential purpose or for commerical purpose.Can i consider the interest to the tune of Rs:1,50,000/- and the repayment of principal amount u/s 80C as deduction from my total income?
Kindly please reply..