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Deduction of int in housing property

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 May 2012 from which bank can take loan for the housing purpose ,so that repayment of the interest & principal amt will be deducted?
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Rajni Kant

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Rajni Kant (Expert)
21 May 2012 any nationalised bank,foreign bank or financial institutions. Interest will be deducted under Income from house property and principal repayment may be claimed under 80C.
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CA Prateek agrawal

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CA Prateek agrawal (Expert)
21 May 2012 interest can be claimed for deduction under income from house property and principal claim from deduction under 80c upto Rs. 1,00,000.



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CA PRAVEEN SINGH

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CA PRAVEEN SINGH (Expert)
21 May 2012 Agree with above expert....

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