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income from house property

IPCC 163 views 3 replies
can we show interest on home loan of two properties
Replies (3)

Yes, you can claim deduction of two home loans, but one property would be (deemed) let out; i.e. earning rental income........

Secondly there is a cap of Rs. 2 lakhs as loss claimed under head  'income from house property', remaining loss is to be carried forward.

Yes ....... But for that you have to declare income from both properties.
Thanx, can we take tax benefits home loan taken by credit society's


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