13 April 2010
IT IS POSSIBLE TO CALIME TWO DIFFERENT HOUSING LOAN INTEREST AND PRINCIPAL IN INCOME TAX UNDER SECTION 24( B ) AND 80 RESPECTIVELY FORM DIFFERESTN FINACIAL INSTITUTION AND DIFFERENT PROPERTY.
14 April 2010
Yes. You can claim interest on self occupied property subject to the ceiling as well as for the second property which is deemed to be let out.It makes nodifference whether the loan is from different banks/ institutions.
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