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House property

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(Querist)
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.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
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
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Rupesh Jain

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Rupesh Jain (Expert)
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.
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