HOUSR PROPERTY
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2011
IS THERE ANY CASE OF LET OUT HOUSE PROPERTY WHERE MORE THAN 150000 DEDUCTION U/S24(B) CAN BE CLAIMED ?
CA Vibhash Kumar Sah
(Expert)
12 July 2011
If the Property is let out, actual interst can be claimed even if it is more that Rs.150000. The limit is applicable for self occupied property.
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