Menu
Second home property
If two home loans are taken then which can be claimed....first or second or both added up to claim interest rebate of Rs lakhs
Replies (4)
max 200000 lakhs under whichever property that is beneficial to the owner
Ok. Can we add the loan interests of two properties to claim 2lac amount?
yes you can. you have two properties. one of them will be assumed to be self occupied and one will be considered as deemed to be let out. maximum deduction under 24 b is 200000.
better consult an auditor for furthur details or refer section 24 of the income tax act 1961.
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
