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Deductions u/s 24(b)

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(Querist)
06 May 2011 Assessee has taken 2 loans for his Self occupied property. One of the loan satisfies all the condition of 150000 and the other does not satisfies any one of the conditions ,what shall be the total amount of deduction allowable u/s 24(b)?
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Pragnesh

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Pragnesh (Expert)
06 May 2011 Only Rs. 150000/- u/s. 24(b)
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 May 2011 Deduction is available only for loan satisfies all the conditions and subject to Rs.1.50 lakh Maximum
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