Exemption limit


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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 how much exemption should i take u/S 24 (i.e interest on housing loan)if the property is not let out ( vacant for the whole year) Actual interest paid is 20,92,556.
whether it is 20,92,556 or 1,500,00.

Thanks

11 July 2014 max is 1,50,000 in case of self occupied property.

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 mr.tushar my query is about vacant house property on which,interest on housing loan is paid

11 July 2014 then there is no limit actual can be claimed...........

Rupesh Jain (Expert)
11 July 2014 if you offer for rental then no limit for interest.


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