An individual resgined his employment and joined with a new employer. His place of new employment is different from that of his previous employment.
He availed housing loan and constructed a house at a place where he has been employed previously which was self occupied. The employee availed the benefit of set-off of the interest payment against his salary income.
The employee constructed a house at the new place by availing bank loan. The employee is wishing to avail the benefit of setting-off of the interest payment relating to the new house loan against his salary income. He also accepts to offer to tax the rent receipt of the old house.
Can he able to avail the benefit of interest on housing loan set-off relating to the new house? .
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