banner_ad

Interest on house proerty and repayment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 December 2016 My Client has got first home rent receipts Rs.1.50 lakhs no loans. He already got second home letout and rent receipts Rs.90,000/- ( interest Paid Rs.72,240/- and Principal repayment Rs.20,160/-) and he got third home purchased during the year fy 2015-16 and rent Receipts Rs.2,40,000/- ( Interest Paid Rs.1,75,226/- and Principal Repayment Rs.75,474/- ) (i) Can he claim interest on both letout house u/s 24(b) (ii) Can he claim Principal repayment on both house u/s 80-c
Profile Image

CA Suresh Jain

Profile Image

CA Suresh Jain (Expert)
03 December 2016 Yes interest and repayment of principal can be claimed on both the houses
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details