Rate deduction


This query is : Resolved 

14 February 2014 My housing loan interest is Rs. 2,00,000.
I got deduction of Rs. 1,50,000u/s 24. I have
FD interest of Rs. 2,00,000. can i claim this 50000 housing interest against my FD ineterst.

14 February 2014 No you cannot. It cannot be set off against any income


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