Interest on house loan <1998 vs income on ..


An assessee has taken House Loan in 1998.  You know the interest exem[tion is limited to 30,000 (if it is self-occupied)

He let out the property @ 2,000/- p.m. He is paying interest (say) 50,000/-.

If he discloses the income from house p[roperty, can he claim entire interest exemption.