house proerty interest

This query is : Resolved 

18 July 2009 i m having 2 house properties, can i claim deduction for interest and prinipal sum repayment for both the houses.

18 July 2009 no you will choose one house which is used by you & other house is let out you will take full interest deduction on the second house

18 July 2009 No You can only claim Interest on one house to the limit of 150000




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