if husband and wife..taken loan from bank .. for self occupied house property
separately ...
my doubt ..!! is they claim. separately.. deduction of interest both 2 lakh for one house..
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interest on housing loan..24(b)
Replies (2)
Only one loan can be availed over any single property........ it can be jointly............
Both can avail the deduction of interest paid over the loan as per their share in the property......
maximum deduction can be 2 lakhs each......
you can try any third party website for the help. policybazzar is best option for you.
Sadhu
Quickbooks Expert
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