I have purchased House by taking loan in the year march 2001 and get the house registered in my name on 08.10.2001.Now i am claiming it as self occupied and claimed the interest in Income tax. The loan is cleared. Now i want to purchase another house by taking loan from the bank. Can i get claim the interest as deduction in the income tax for the second house.
What is the effect of advance ruling given recently that an individual need not pay tax for salary received in india and the individual is on tour or on deputation overseas for more than 183 days in a previous year?
