Interest Expenses on Let Out House Property
This query is : Resolved
23 March 2010
What is the maximum limit of Dededuction of Interest expenses in restpect of let out House Property ,will it part of overall limit of Rs. 1, 50,000
CA.Nikhil Gupta
(Expert)
23 March 2010
there is no limit for interest paid on housing loan in case of let out.
Limit of 1.5 lac is for self occupied house only.
Limit of 1.5 lac is for self occupied house only.
CA Ashok Kumar Sahu
(Expert)
23 March 2010
agreed
CA Ravi Sisodia
(Expert)
23 March 2010
No limit for interst paid on let out house property.
CMA Ramesh Krishnan
(Expert)
24 March 2010
actual interest payment can be claimed
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