what is the maximum interest on housing loan for renovation

Tax queries 443 views 1 replies

What is the maximum interest amount allowed as deduction on housing loan borrowed for renovations and interiors

Replies (1)

 

Hie,

 

u can claim any amount of dedcution in case of a let out house property or 

a maximum deduction of 30000 in case of a self occupied house property coz the loan is not fr acquisition or construction of house..its fr reneval/renevation/interiors so max deduction is 30000.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register