An assessee paid Rs: 64,000 as interest on a loan taken in the P.Y 201 – McqOptions

MCQOPTIONS

1.	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» C. Rs: 1,20,000

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