What are the differences between Sec 80DD & Sec 80DDB.
Can an assessee claim both on single dependent..?
Dear Sir,
I have taken a housing loan for construction of a residential house property loan amount is Rs.37,75,000/- and interest paid to bank for the period from 01-04-2008 to 31-01-2009 - 371898/-
from 01-02-2009 to 31-03-2009 - 77547/-
I letout the house property from 01-04-2008 to 31-01-2009 for 20000/- p.m as rent and the same house is self occupied from 01-02-2009 to 31-03-2009
I am in the opinion that i have to claim Rs.371898/- as deduction from letout house property income and Rs. 12500/- P.M for Feb & March (1,50,000 / 12 Months)as the house is self occupied by me
It is correct or not please clarify
Thanking you sir,
Yours faithfully
Kiran G N V D
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Sir,
My client has two daughters, one is married & another is unmarried & both are working .
My question is for both the married & unmarried daughter exemption limit of Rs.1,80,000 is applicable for Previous year 2008-09 ?
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