House property
A person takes loan for construction of house in June 1998 and he takes a fresh loan in 2014 for payment of previous loan taken for the purpose of construction ,and the house is self occupied. How amount is available for deduction as interest u/s 24b will the max limit be 30,000 or 2,00,000.
Replies (1)
New loan will get same treatment as old loan get
You can get exemption 2 lacs
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