A. y. 2014-15 housing loan interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2014 Dear Sirs,
My client has availed home loan during financial year 2013-14 i.e. A.Y. 2014-15.
He has paid interest Rs.1,64,619/-.
Filing his ITR the return software allows deduction for home loan of Rs. 1,64,619/-.
U/s. 24 it is Rs. 1,50,000/-.
What should I claim Rs. 1,64,619/-?











23 June 2014 if the house is self occupied that deduction shall be limited to Rs 1.5 lakhs only

23 June 2014 u/.s 24(b) for self occupied house inttt. deduction is allowed maxmimum rs. 150000/-
in a year.

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2014 Thanks You very much Sir.

23 June 2014 you are welcome friend.....

24 June 2014 if its non sop or lop then full amount can be claimed.


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