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HBL INTEREST


Surajit Mondal   06 March 2021

Surajit Mondal

 3 likes  88 points

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How much interest can be claimed under section 24
Kapadia Pravin

Kapadia Pravin   06 March 2021

Kapadia Pravin

 1094 likes  17184 points

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Max 2 lakhs
Naveen

Naveen (student)     06 March 2021

Naveen
student 
 14 likes  321 points

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Let out property - full interest even if it exceeds 2 lacs. After setting off with ur house Rent income, if there is still any interest remaining, u can max take 2 lacs out of remaining interest available

Self occupied property
If loan is taken after 01.04.1999 & loan is taken for purchase or construction of house property & if taken for construction, it is completed within 5 yrs from the end of the year in which loan is taken. If all these are satisfied - max 2 lacs

If not satisfied- max 30,000

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