alleryStart learning →Old regime: self-occupied house loan (post-April 1999) interest cap?
ARs 1,50,000
BRs 5,00,000
CRs 30,000
DRs 2,00,000
Answer & Solution
Correct answer: D. Rs 2,00,000
For a self-occupied house the interest deduction is limited to Rs 2 lakh where the loan was taken on or after 1 April 1999 for purchase or construction.
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