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Interest on home loan

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(Querist)
13 March 2014 I have a flat in Hyderabad given out for rent,for which I am paying an EMI and also I stay in rented flat in hyderabad only.
Interest Paid Last Year is Rs.1.8 Lakhs

I want to know can I claim full amount of Interest U/s 24 b as deduction.As I have only one flat.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
13 March 2014 no it is not allowed u/s 24(B).only upto 1,50,000 for sop it is allowed.
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Mohd Sarfaraz Latibani

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Mohd Sarfaraz Latibani (Querist)
13 March 2014 Thanks, But it is not a self occupied property.It is a let out property and I live in a rented place.

Thanks



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
13 March 2014 then its allowed as it is lop.

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