Interest Expenses on Let Out House Property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 March 2010
I am having two residencial house property one is self occupied and other is let out .Iam claiming interest expenses of Rs. 1, 50,000 on Self Occupied Property . In respect of let out house property , I am paying annual interets of Rs. 300000 per annum, kindly advise can I claim Rs. 1,50,000 on self occupied and Rs. 3,00,000 on let out house property.
CA Ashok Kumar Sahu
(Expert)
17 March 2010
yas, you can claim 1.5lac for self occupied house and 3lac for let out house property
Murtaza I Bhagat
(Expert)
17 March 2010
unlimited interest on let out property & 1.50,000 for Self Occupied u/s 24.
CMA Ramesh Krishnan
(Expert)
17 March 2010
agree with experts
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