Sir, I am owning two flats and I want to claim for taxa rebate on only one flat since the repayment on other flat is done. As per new taxation rules on home loans there is a ceiling of 2 lakhs on second house. For my case will it be considered as second house. Although I am owning two flats I am claiming rebate for only flat at a time in a financial year. Other flat rebate was claimed in preceding years.