alleryStart learning →Interest cap on a self-occupied house for a loan taken before April 1999?
ARs 2,00,000
BRs 50,000
CRs 30,000
DRs 1,50,000
Answer & Solution
Correct answer: C. Rs 30,000
The basic proviso limits interest on a self-occupied house to thirty thousand rupees, and the higher limit needs a loan on or after 1 April 1999.
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