House property

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14 May 2014 Dear Sirs,

I am a salaried employee and i have two house properties, i have bought these flats on loan basis, One of the house property is Self Occupied and the other is let out, my question is whether i can claim interest on loan paid on both these houses. i.e. U/S 24B Rs. 94000/- interest for SOP and Rs. 33,000 interest on LOP. One from Salary income in Form 16 and the other in House Property. Please clear my doubt.

Best Regards,
Yajuvendra Rawat

14 May 2014 yes...you can claim both..the deduction under section 24 is available on each house separately.

please note you cannot file ITR1...you need to file ITR2


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