25 January 2010
one of my client taken housing loan and claiming interest on such housing loan. Now he want to take loan for another house. So can he claim interest on such loan taken for another house in addition to interest on current housing loan????
26 January 2010
Agree with Mr.Prashant, also You need to show the income from House proerty for the another house because a person cannot claim two self occupied property in same time
29 January 2010
yes he can clime interest on new house as rented house not self occupied property so if self occupied propery then interest allowed 150000/- only But in case of rented property there is no limit to interest clime
CAclubindia
