Deduction of Interest u/s 24 Fully Allowed Without Limit In Certain Cases !

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Deduction of Interest on home loan is one of the oft asked question on tax. Nishmitha Shetty of Mumbai asks “When loan is taken for two homes then how much interest paid on them is allowed for deduction u/s 24 under the head House Property? Is it only Rs. 150000 or more?” Following points shall…