What is the maximum limit for getting rebate on interest paid on housing loan?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182343 Points)
Replied 30 May 2017
As per Section 24(b) Rs. 2,00,000/- for new house loan & Rs. 30,000/- for repairs
ref: https://www.businesstoday.in/union-budget-2017-18/news/budget-2017-tax-benefit-reduced-significantly-on-rented-property/story/245475.H T M L
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