Interest on housing loan disallowed due to maximum limit of Sec. 24 couldn't be set-off against inte

IT : Housing loan interest in respect of Self Occupied Property in excess of Rs.1,50,000 shall be disallowed u/s 24(b) and shall not be allowed to be deducted from interest income from loan given shown under income from other sources head. It cannot be argued that if own savings had not been given as loan and been invested in house instead, there would have been no income from loan given nor there would have been interest liability on housing loan and thus both should be netted off