Income from house property
This query is : Resolved
03 October 2014
I have 2 properties: 1st is on Rent & 2nd one is vacant, I want to know can I claim Property Taxes & Interest Paid for 2nd House and show a loss on house property.
03 October 2014
property tax deduction shall be allowed. The Interest deduction shall be limited to Rs 1.5 lakhs per annum till Ay 2014-15 and Rs 2 lakhs per annum from AY 2015-16.
06 October 2014
yes agreed with above views..................
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