Asst.Manager-Taxation
34 Points
Joined January 2014
I have queiry regarding interest claim u/s 24b where maximum deduction is 2lac , the question is this if I bought property on jointly and emi paying by one co-owner and property is on let out on rent and income or loss from property will be arise...than in this sencario the maximum interest benefit is 2 lac available now...both co-owner can avail the interest benefit of 2 lac each...