Hi
If as person has two houses of which ONE is LET OUT and the OTHER is SLEF OCCUPIED.In this case he has taken a loan on the both the properties togehter. Then in this case can he claim DEDUCTION u/s 24 for interest for both the properties.
Please give your replies
Thank You
Yes
| Originally posted by :Srivathson | ||
| " | Hi If as person has two houses of which ONE is LET OUT and the OTHER is SLEF OCCUPIED.In this case he has taken a loan on the both the properties togehter. Then in this case can he claim DEDUCTION u/s 24 for interest for both the properties. Please give your replies Thank You |
" |
yes..Section 24 deduction can be claimed on Let Out Property as well as Self Occupied Property.
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Hi My company is denying Home loan Interest benefits to me. They have concern that i am not the owner as the registery is name of my wife. When loan is in my name, payments are being made by me. Why can't i get interest benefit. Shouldn't i be treated as deemed owner for income tax purpose......... Thank You |
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