Interest on housing loan

calculate house property income considering one house as self occupied and other as deemed let out property... u can claim interest for both the propeeties.. for self occupied maximum deduction allowed is 1,50,000 and for deemed let out no limit.... and after all deduction sum up the income of both house and keep it aside..

after that do the same way again bt taking self occupied there as deemed let out now and vice versa... i.e, if in case I: house 1 is self occupied and house 2 is deemed let out... then in case II take house 2 as self occupied and house 1 as deemed let out.. and apply the same limit on deduction....... then sum up the bot income in case II...

compare income from case I and  case II... show the lower of these two as income..

don't forget to deduct 30% of Net Annual Value for deemed let out property in both cases.. for self occupied 30% on NAV doesnot apply as NAV is always nil for self occupied house.....