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Interest Expenses on Let Out House Property

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 March 2010 I am having two residencial house property one is self occupied and other is let out .Iam claiming interest expenses of Rs. 1, 50,000 on Self Occupied Property . In respect of let out house property , I am paying annual interets of Rs. 300000 per annum, kindly advise can I claim Rs. 1,50,000 on self occupied and Rs. 3,00,000 on let out house property.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
17 March 2010 yas, you can claim 1.5lac for self occupied house and 3lac for let out house property
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
17 March 2010 unlimited interest on let out property & 1.50,000 for Self Occupied u/s 24.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 March 2010 agree with experts

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