If loan for house is before 1999 and house is let out, then sec 24 deduction is 30000 or full interest without limitation.
Is 30000 limit only for self occupied for loans prior to 1999
Menu
Loss from house property
Replies (1)
In case LetOut House including Deemed LetOut , Interest is allowed as deduction without any monetary limit...
Limit of 30,000 or 2,00,000 , as the case may be , is considered only for SelfOccupied House.
Limit of 30,000 or 2,00,000 , as the case may be , is considered only for SelfOccupied House.
Recent Topics :
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
Related Topics :
CAclubindia
