I have two home loans, self occupied and self owned. In AY 2021-22 I have to paid interest Rs.30000 & Rs.120000 for these two.
Can I claim a total deduction of Rs.150000 as interest in assessment of tax. If yes, then by which section 90EEA or any other?
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Deduction on interest of two home loan
Replies (2)
Quick Summary
Yes you can claim interest for self occupied house upto 200000 rupees. you can claim 150000 rupees
Yes you can claim interest as per sec 24
and also can get principal deduction as per sec 80
and also can get principal deduction as per sec 80
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