POSTED BY May 6, 2014 7:11 pm ONE COMMENTON
I am servicing a home loan (Pre EMI – hence no tax benefits as of yet) and the project is delayed by a huge period. Hence I decided to take another house and am servicing EMI.
1)Can I claim tax benefit on the interest paid for the second home loan incase the second house is rented out. 2)If it is self occupied what are the benefits I can claim?