24 February 2016
Deduction of interest paid on home loan u/s 24 of IT Act is as below: - Rs. 200,000 for self occupied. - Actual amount for let out property.
24 February 2016
Deduction towards interest paid on home loan u/s 24 of IT Act is as below: - In case of self occupied property: Actual amount of interest or Rs. 200,000 which ever is less; - In case of let out property: Actual amount of interest without any limit.
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