HOUSE PROPERTY
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2011
IS THERE ANY CASE IN LET OUT HOUSE PROPERTY WHERE DEDUCTION U/S 24(B)MORE THAN 150000 CAN BE CLAIMED?
12 July 2011
In case of let out property
deduction U/s 24(b) can be claimed on as per interest accrued on loan. Limit of 1.50lac is applicable in case of Self Occupied property only.
deduction U/s 24(b) can be claimed on as per interest accrued on loan. Limit of 1.50lac is applicable in case of Self Occupied property only.
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