Interest on housing loan allowed

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Bikas Mal (Querist)
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20 February 2015 I have two house and running two houseing loan how many amount allowed towards interest on hbl. one interest paid rs.170000/- and other rs. 27800

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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20 February 2015 for sop the limit is 200,000 for int payment from ay15-16 onwards and for let out porperty there is no limit.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 February 2015 If both the houses are self occupied you can get interest deduction for one of the house for which you are paying Rs 1,70,000. If one house is rented out you can claim interest on both the houses fully.

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