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interest on borrowed capital
I have two housing loan can I claim deduction for two housing loan interest
Replies (2)
one housing loan interest you can claim showing it as Self Occupied Property.
However for other property, you will have to show it as deemed let out property and offer notional rent as income. against notional rent you can claim interest of housing loan of other property.
However for other property, you will have to show it as deemed let out property and offer notional rent as income. against notional rent you can claim interest of housing loan of other property.
for let out and DLO property interest component is now restricted to 2lacs only.earlier it was actual interest paid
claim deduction of self occupied property which has higher interest
claim deduction of self occupied property which has higher interest
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