Mr. Ahmed acquired a property in April 2020 for self-residential use. The loan interest payable to the State Bank of India for the financial year 2020-21 amounts to ₹ 2,10,000. The amount eligible for deduction under section 24 is:

Question:Mr. Ahmed acquired a property in April 2020 for self-residential use. The loan interest payable to the State Bank of India for the financial year 2020-21 amounts to ₹ 2,10,000. The amount eligible for deduction under section 24 is:

1. ₹ 30,000

2. ₹ 2,00,000

3. ₹ 2,10,000

4.₹ 1,50,000


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