Query

This query is : Resolved 

27 March 2009 Whether interest paid / payable on Housing Loan taken for 2 different properties within same Assessment Year, each eligible under Section 24(i) of Income Tax Act, 1961?

27 March 2009 As the income from each property is assessed separately and deduction of interest is also made separately. So you deduct interest, each eligible u/s 24(i) of the Income Tax Act, 1961?

27 March 2009 i also agree with the above opinion.

29 March 2009 yes from respective properties for which loan is taken


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