Can I claim both the home loan interest from income tax?

POSTED BY subra_rm ON June 21, 2014 5:04 pm ONE COMMENT

Hi, I own a flat X in City A and I am staying in the same flat. I have taken a loan for this.  I am planning to buy another flat Y in same City A and planning to go for home loan.  I am planning to move to Flat Y after completion and giving my flat X for rent. Can I claim both the home loan interest from income tax? one is own occupied and another one is let out property (income as rent). Pls advice.

One reply on this article “Can I claim both the home loan interest from income tax?”

  1. sharath Mumbai says:

    Hi Subra,

    A very good article that might be helpful to you.
    http://www.moneycontrol.com/master_your_money/stocks_news_consumption.php?autono=884421

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