I had taken a houing loan 23 years ago and repaid the same. House given on rent Now I have taken asecond loand for a anew house also given on rent If I take a 3rd loan for a 3rd house which is not given on rent how do i claim inerest benefit
as i will not be staying in the 3rd house can i claim int benefit and if so to what extent
RE:Housing loan
by Amitabh on Jun 03, 2007 07:25 PM Permalink
For the house which is treated as self occupied under the income tax law,the interest is deductible while calculating the income from house property upto Rs.1,50,000
