Interest on housing loan

This query is : Resolved 

21 December 2011 if one property having two portion, out which one portion is self occupied and another one is given for rent. Interest paid for housing loan on the same house for Rs.2,97,350/-, please clarify that exemption limit restricted to Rs.150000/- or can we take actual amount as exemption, pl. advise

thanks

21 December 2011 FOR LET OUT PORTION(RENTED PORTION ) NO LIMIT
FOR SOP PORTION LIMIT IS 150000
BUT U WILL HAVE TO BIFURCATE INTT AS PER AREA COVERED
CA MANOJ GUPTA
JODHPUR
09828510543


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details