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Home loan interest

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(Querist)
18 February 2019 in income tax- deduction limit for home loan interest?
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Akshay Thakre

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Akshay Thakre (Expert)
18 February 2019 Interest allowed as deduction is Rs 2 lakhs
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
18 February 2019 Interest allowed two lakhs u/s 24
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Nilesh Gami

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Nilesh Gami (Expert)
20 February 2019 maximum limit Rs. 2,000,00 for loan borrowed on or after 01.04.1999 and in case of loan borrowed before 01.04.1999, maximum limit of interest is Rs. 30,000. This is for construction or acquisition of house property.
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