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House loan repayment exemptions

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(Querist)
27 May 2015 Dear Experts,

I have purchased under construction property/flat and have taken house loan.

can i claim for deduction on repayment of Principal and Interest part

Pls suggest of the same. and what are the rules for above.

Thanks
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Atit Shah

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Atit Shah (Expert)
27 May 2015 In My Opinion,
if it is self occupied property u can claim deduction of interest of Rs. 150000/- u/s 24(b), and deduction of 150000/- (Principal Portion) u/s 80C.
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Padam Singh

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Padam Singh (Querist)
27 May 2015 Dear Sir,

It is not self occupied, i am rented with other location.



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Padam Singh

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Padam Singh (Querist)
27 May 2015 any more ans of the same issue?

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