Income loss from house property

Querist : Anonymous (Querist) 12 January 2011 This query is : Resolved
Earlier when declared House 1 self occupied,House 2 given on rent. The whole interest paid to housing loan is deducted under "Income loss From House Property"

Now House 1 self occupied, House 2 on rent
Now the whole interest paid to housing loan is not considered but only 1,50,000 only.

Why so? is the income tax laws changed 2009-10 to 2010-11 esp on housing loan taxation?

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Raj Kumar Makkad (Expert) 12 January 2011
There is no change in law during this period.

Advocate. Arunagiri (Expert) 12 January 2011
I agree with Mr.Makkad.

H.M.Patnaik (Expert) 14 January 2011
Yes, Experts have opined correctly.

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