section 24

09 October 2017

can the amt of 2 lacs be claimed individually or jointly.

Reply
Follow
Share

4 Replies

SAHIL P. POKHARNA (student) (38 Points)
Replied 09 October 2017

if the property is held jointly and also loan is taken jointly then it's interest can be claimed individually.

Philip Mathew (113 Points)
Replied 09 October 2017

property and loan jointly then is it 2 lakhs or 4 lakhs.
and
under section 80 c

1.5 lakhs or 3 lakhs.

SAHIL P. POKHARNA (student) (38 Points)
Replied 09 October 2017

yes you can take benefit u/s 24 and 80c individually i.e. 2 lacs and 1.5 lacs per person.
combined benefits will be u/s 24 = 4 lacs and 80c = 3 lacs

Philip Mathew (113 Points)
Replied 09 October 2017

Thank you sir,

Start a New Discussion