15 October 2020
dear sir/madam, what is the maximum amount of deduction for claiming interest under housing loan for self occupied and letout. pls reply me
15 October 2020
Interest accrued./Rs. 30,000/ Rs. 2,00,000 depending on the loan amount, period of construction etc. For details request to refer section 24(b) of the Income tax Act,1961.
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