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Interest Expenses on Let Out House Property

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(Querist)
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
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CA.Nikhil Gupta

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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.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
23 March 2010 agreed
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
23 March 2010 No limit for interst paid on let out house property.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
24 March 2010 actual interest payment can be claimed
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CA HANI

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CA HANI (Querist)
05 April 2010 Thanks to all
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