CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Income tax exemption against house property


prosanta bordoloi (AAO)     20 February 2013

prosanta bordoloi
AAO 
 83 points

| My Other Post

One of our employee has two houses and two separate house building construction loan , loan interest of the first house comes to Rs 1.4 lacs and the second house comes to Rs 1.3 lacs , can he get interst subsidy (beyond 1.5  lacs) against the two houses ? 

Pl reply 

avater

CA Gaurav Kaushik (Practicing Chartered Accountant)     20 February 2013

CA Gaurav Kaushik
Practicing Chartered Accountant 
 9 likes  123 points

View Profile | My Other Post

He Can get the deduction of interest beyond 1.5 lacs if  one of the property is let out


(Guest)

Interest limit:

Self Occupied: Maximum of Rs.1.5 lakhs

Let Out: No Limit


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading

Popular Discussion


view more »



Trending Tags

GST Live Class    |    x