Easy Office
LCI Learning

House Property

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 December 2010 Under what condition can a person claim deduction u/s 24(b) (ie interest on borrowed capital) of an amount exceeding Rs. 1.50 Lakhs threshold limit, as specified in the 2nd proviso to the said section, if any how possible.
Profile Image

CA Shailesh Kumar Bhagat

Profile Image

CA Shailesh Kumar Bhagat (Expert)
17 December 2010 In all the cases maximum limit is 1.5 lakhs.
Profile Image

AMAN Gupta

Profile Image

AMAN Gupta (Expert)
21 December 2010 1.5 lakhs limit is only in the case of self occupied house property
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links