House loan interest deduction on let out property
This query is : Resolved
Mohd Sarfaraz Latibani
(Querist)
14 November 2011
Please let me know the maximum amount for House Loan Interest Deduction on Let Out Property?
I am claiming HRA and has let out my house I want to know the Maximum Deduction On Interest Paid is it Actuals or Rs.1,50,000/-
Thanks
I am claiming HRA and has let out my house I want to know the Maximum Deduction On Interest Paid is it Actuals or Rs.1,50,000/-
Thanks
14 November 2011
limit of Rs. 150000/- applicable only in the case of self occupied case....there is no limit for let out case for deduction of interest... you can avail maximum amount deduction without any limit
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