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27 March 2009 Whether interest paid / payable on Housing Loan taken for 2 different properties within same Assessment Year, each eligible u/s 24(i) of the Income Tax Act, 1961?

27 March 2009 As the income from each property is assessed separately and deduction of interest is also made separately. So you deduct interest, each eligible u/s 24(i) of the Income Tax Act, 1961?

27 March 2009 Yes.
interest is deductible for two different properties


28 March 2009 yes from respective properties for which loan is taken



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