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Income from house property

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(Querist)
20 March 2016 Consider following example -
a. Property type : Self Occupied.

b. CY interest on loan (for acquisition, fulfilling other conditions) : Rs. 190,000

c. 1/5 of Pre construction interest : 25000

What is the deduction admissible u/s 24(ii) ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 March 2016 Claim is restricted to Rs.2,00,000 by 2nd proviso to section 24(b) read along with the explanation given thereon.

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