Maximum limit u/s 24b

Can pre-construction period interest be claimed as deduction in addition to Rs. 150000 for a self-occupied property?

eg.  current year interest paid  - Rs. 195000

 preconstruction period interest  - Rs. 245000

What is the maximum deduction  to be claimed ?

Replies (5)

Hi Friend,

In case of self occupied property - Aggregate of deduction on account of Interest shall not exceed Rs. 1,50,000/- (inclusive of pre-construction period)

You can not claim deduction more then 150000 in case of self occupied house property.

Agree with Amir bhai.....

Self occupied property -Deduction in respect of Interest shall not exceed Rs. 1,50,000/- (inclusive of pre-construction period).....

Self occupied property can claim only upto 1.5lakhs. Including interest of current year and pre construction period interest..


150000 max...including current year and pre construction period...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details