Interest on house building loan


This query is : Resolved 

11 July 2015 Dear Sir,
what is the maximum amount which can be claimed for interest on housing loan for F.Y. 2014-15 and for the next year i.e. F.Y. 2015-16.

Please give the reply at the earliest.


Thanks in Advance,
Abhishek Roy Choudhury.

11 July 2015 Rs. 2,00,000/- u/s 24(b) for both FY 2014-15 & FY 2015-16.

CMA Gul S (Expert)
12 July 2015 Hi Abhi-

As per latest amendment its 200000 for both financial years.

Please refer this for more data points

https://taxadda.com/income-tax/house-property/deduction-of-interest-sec-24b/



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