More than 1 house property

Tax queries 290 views 1 replies

Hello

I AM HAVING ALREADY TWO RESIDENTIAL HOUSE PROPERTY, FURTHER I AM ALSO RECEIVING RENT FOR THOSE EXISTING HOUSE PROPERY AND NOT ANY LOAN ARE RUNNING FOR THAT EXISTING HOUSE PROPERTIES.

NOW I AM PURCHASING ANOTHER THIRD RESIDENTIAL HOUSE AGAINST HOME LOAN. 

CAN I GET DEDUCTION OF INTEREST U/S 24(B) AND REPAYMENT U/S 80C FOR THAT NEW HOME LOAN OF NEW HOUSE PROPERTY AS SELF OCCUPIED???

I AM HAVING 50 % OWNER OF THAT NEW RESIDENTIAL HOUSE PROPERTY.

Replies (1)

Hello,

Yes u can claim deduction of interest u/s 24b & principal amt u/s 80c for new home loan of new house which is self occupied property.  

 


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