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Home loan interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2016 Dear Sir,
Assessee filing return u/s 44AD and want to take deduction in respect to interest on home loan, then which itr he has to file by him. Itr 4 or itr 4S.
If itr 4S can be used then in which column of itr 4S, the interest amound should be dedcuted from net profit.

Please advise me.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 July 2016 ITR-4S. HL interest to fill in column B3.
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2016 And what is the maximum allowed amount that can be claimed as interest for the fy 2015-16




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