Q.

An assessee paid Rs: 64,000 as interest on a loan taken in the P.Y 2018-19 for the renovation of self-occupied house. While computing income from H.P, he is eligible for deduction to the extent of:

A. Rs: 64,000
B. Rs: 30,000
C. Rs: 1,20,000
D. Zero
Answer» B. Rs: 30,000
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