Sir
Can we consider two seperate Bank's housing loan u/s 80c and 24(b) for two different flats.
Thanks
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Housing Loan
Replies (4)
you can take deduction of interest 1.50 Lakh only for one self occupied house ..
Yes. For self occupied House property the limit for interest claimable is Rs 150,000. And for let out or deemed to be let out HP there is no limit for interest claimable. The loan can be of different banks. There is no restriction under the IT Act
Principal paid on housing loan can be claimed under Sec 80C up to the total limit of Rs1lacs only whether one house or more than one house
| Originally posted by : CA.GAURAV SACHWANI | ||
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Principal paid on housing loan can be claimed under Sec 80C up to the total limit of Rs1lacs only whether one house or more than one house |
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