One of our client has made full down payment on 1st house .Is he suppose to claim Rs. 2,00,000 for the interest paid on 2nd house or entire interest amount?
One of our client has made full down payment on 1st house .Is he suppose to claim Rs. 2,00,000 for the interest paid on 2nd house or entire interest amount?
Which ever house is treated as SOP is eligible to get full Interest deduction
Interest Deduction is for self occupied property it is aggregate of RS 200000 but for property which is Let-out for that no bar is specified.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
