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Section 24

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(Querist)
15 July 2015 a person who dont have income from house property can he claim deduction under section 24?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
15 July 2015 Yes he can claim deduction for Interest even if he does not have any income from house property. Loss can be set of against salary income. Maximum deduction available for interest paid on housing loan is Rs 200000/-
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CMA Gul S

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CMA Gul S (Expert)
15 July 2015 Srikant - you can claim the deduction under head salary
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CMA Gul S

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CMA Gul S (Expert)
15 July 2015 Srikant - you can claim the deduction under head salary
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