"We trust that you will avoid using harsh language and will refrain from making unsubstantiated allegations against individuals and firms. Your constructive feedback and opinions are very valuable to all of us in the industry. "
If this article is written keeping in mind tax planning for FY 2017-18 onwards then there is a slight mistake in point regarding claiming set off of interest on housing loan. As per the latest budget applicable for FY 2017-18 maximum loss under head Income from House Property which can be set off has been restricted to ?2 lakh. So e.g. if loss in case of self occupied property is ?1.8 L and loss of let out property is ?1.2L i.e. total loss ?3L, then a person would be able to set off / claim only 2 lakh for that yr and rest has to be carried forward.