Interest on borrowed capital
This query is : Resolved
24 May 2012
Dear All,
Anyone can give me answer for this question.
From the head of Income from house property, We have two situations one is Let out Property and another one is Self Occupied. Give me clear Statement how much interest on Borrowoed capital can be deducted in two situations.
Anyone can give me answer for this question.
From the head of Income from house property, We have two situations one is Let out Property and another one is Self Occupied. Give me clear Statement how much interest on Borrowoed capital can be deducted in two situations.
24 May 2012
Let out property - full amount of interest without any limit.
Self occupied property - maximum Rs. 1,50,000
Self occupied property - maximum Rs. 1,50,000
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