Poonawalla fincorps
Poonawalla fincorps

Exemption limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 how much exemption should i take u/S 24 (i.e interest on housing loan)if the property is not let out ( vacant for the whole year) Actual interest paid is 20,92,556.
whether it is 20,92,556 or 1,500,00.

Thanks
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 July 2014 max is 1,50,000 in case of self occupied property.
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 mr.tushar my query is about vacant house property on which,interest on housing loan is paid
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 July 2014 then there is no limit actual can be claimed...........
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Rupesh Jain

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Rupesh Jain (Expert)
11 July 2014 if you offer for rental then no limit for interest.

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