I think against all heads you can set off please confirm ones again , I agree with amount 200000/- and unabsorbed loss can be carry forward for set in subsequent years
71B. Where for any assessment year the net result of computation under the head "Income from house property" is a loss to the assessee and such loss cannot be or is not wholly set off against income from any other head of income in accordance with the provisions of section 71, so much of the loss as has not been so set-off or where he has no income under any other head, the whole loss shall, subject to the other provisions of this Chapter, be carried forward to the following assessment yearand—
[i] be set off against the income from house property assessable for that assessment year; and
As per 71B(i) if it is c/f then set off against income from HP
the amount of of deduction that can be claimed under 24(b) differs according to nature of property that is for self occupied property, the maximum interest amount that can be claimed is 200000. in case of let out property, it depends upon amount of Net annual value for example if nav is 500000 and interest on borrowed capital is 750000, then interest of rs. 500000 can be claimed under 24(b) and out of balance 250000, 200000 can be set off against other heads and the balance 50000 can be carried forward