24 March 2009
Dear members I want to what is the limit of claiming interest on loan paid on loan taken for construction of home u/s 24(b)?? also tell me suppose husband and wife take home loan 50%-50% on their own name and pay interest on loan rs.250000/- and limit for claiming repayment of inetest on loan 150000/-then in this case both husband and wife can take 125000-125000 claim for this repayment or out of 250000/-, 150000/-will be taken as 75000-75000 each??
CAclubindia
