From 1st April 2019, house property income is exempted for two houses.
One clarification required regarding interest deduction on hp income.
Is the maximum exemption of Rs. 2 lakhs allowed for each house or put together for 2 houses.
2 Replies
Madhu Samb
(59 Points)
Replied 02 April 2019
As per Finance Bill 2019, u/s 24 third provision, aggregate amounts of deduction shall not exceed Rupees two lakhs.
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