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Interest on home loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 March 2013 Dear Expert,

Last year one of the employee get tax benefit interest on home loan 40% out of 100%interest value

Please suggest me current year he can claim 100% interest value i.e. Rs.150,000.00

please guide me the same
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 August 2013 Interest on housing loan u/s.24b can be claimed maximum Rs.1.50 lakh for Self occupied and Actual for letout

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