House property
This query is : Resolved
27 June 2014
Dear Sir's and friends,
One of my client has a Self Occupied House Property for which he pays loan to a bank, in this situation he can claim his interest upto 1,50,000/-, he has bought a second flat and even for this flat he pays loan, my question is can he can claim total interest 2 lacs u/s 24B for this flat which is also on rent. Please help and solve my query as per the earliest.
One of my client has a Self Occupied House Property for which he pays loan to a bank, in this situation he can claim his interest upto 1,50,000/-, he has bought a second flat and even for this flat he pays loan, my question is can he can claim total interest 2 lacs u/s 24B for this flat which is also on rent. Please help and solve my query as per the earliest.
28 June 2014
for the first flat the limit will continue at 1.5 lakhs...interest paid for the second rented out flat shall be deductible without any limit
28 June 2014
on residential house claim intt amount upto Rs. 150000/-
and for let out house you can claim intt paid against this property and amount restriction is not allowed.
and for let out house you can claim intt paid against this property and amount restriction is not allowed.
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