hi, if a loan has been taken for the construction of a house property on 1st june 1991 and yearly interest payable is Rs123000. Then how much deduction is available in the AY 11-12?whether it is30000 or Rs123000?
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house property
Replies (3)
if it is a let out property then 123000,
If it is a self occ. house property then, u can claim only 30000 coz the loan was taken before 1.4.99.
Agree to Sunshine as regarding the reply
agree wid sunshine
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