TMI BlogWhat is the maximum of interest eligible if the house is let outX X X X Extracts X X X X X X X X Extracts X X X X ..... Intest on funds borrowed on construction of Residential house- what is the maximum amount allowable as exemption if the house is let out on rental basis. - Reply By Surender Gupta - The Reply = There ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is no limit. See section 24(b) of the Income Tax. Limit of Rs. 1,50,000 has been prescribed for self occupied house property under the second proviso of this section but there is no upper limit of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... let out property. - What is the maximum of interest eligible if the house is let out - Query Started By: - Venkata Kumar Dated:- 31-8-2010 Income Tax - Got 1 Reply - Income Tax - Discussion Forum ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|