Querist :
Anonymous
(Querist) 12 January 2011
This query is : Resolved
Earlier when declared House 1 self occupied,House 2 given on rent. The whole interest paid to housing loan is deducted under "Income loss From House Property"
Now House 1 self occupied, House 2 on rent Now the whole interest paid to housing loan is not considered but only 1,50,000 only.
Why so? is the income tax laws changed 2009-10 to 2010-11 esp on housing loan taxation?
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