Dear Praveen,
Section 24(b), Deduction under the house property - yes, you can take a deduction of interest up to INR 2,00,000 on the loan taken for the property either acquired, constructed, renewed, or reconstructed.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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