Tax exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 January 2015
Dear sir,
please suggest me that
If an Employee had purchased first House in 2014-15 and fulfil all conditions for 80 EE , he then purchased 2nd house in same year Can he claim interest benefit u/s 24 & 80 EE on both house?
please suggest me that
If an Employee had purchased first House in 2014-15 and fulfil all conditions for 80 EE , he then purchased 2nd house in same year Can he claim interest benefit u/s 24 & 80 EE on both house?
20 January 2015
For the second house 80EE deduction can't be claimed.
Message likes :
1 times
20 January 2015
benefit not available for 2nd house under sec 80EE.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 January 2015
Whether deduction u/s 24 can be taken or not?
20 January 2015
yes if there is loan taken and int is paid.
20 January 2015
NO ITS ONLY FOR ONE HOUSE.
21 January 2015
U/s 24 interest benefit can be claimed, but pls note only 1 house can be considered as self occupied & other should be taken as let out or deemed let out prop
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