02 February 2011
Respected Experts, If a person has got 2 house property & for both the property he has taken 2 spearate loans relating to the each house - now regarding interest how much amount will be allowed as deduction - is it for 2 house properties Rs 150000 or for one house property Rs 150000 & for other property which is already let out is eligible for Interest deduction without any celling. Pls guid Thanks Debashis Mandal
CAclubindia
