I would like to know about Deduction U/s 24b for Interest payment Housing Loan , if house is rented out. What is the maximum limit for deduction.
Menu
Claim Interest Payment U/s 24b
Replies (3)
Max Limit is 150000/-.....!
there is no limit, in case house is let out(rented out).
In case, the property is self occupied, then the limit is Rs. 30000 for repair and renewal etc
and Rs. 150000 in case of purchase of house property (subject to some conditions)
agree with sumit
Recent Threads
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
Related Threads
CAclubindia
