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What's the limit of house loan interest deduction for self occoupied property?
Replies (2)
2,00,000 if loan is taken on or after 1/04/1999 & purchase/acquisition is completed within 5 years from end of financial when loan was taken.
Otherwise ₹30,000 only.
Otherwise ₹30,000 only.
Loan take must be used only for purchase or construction of HP to get deduction of rs 200000
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