allowable principla repayment ubder IT Act


This query is : Resolved 

17 November 2008 what is the maximum allowable deduction in respect of Principle repayment

17 November 2008 let me know maximum allowable deduction towards payment of home loan principle repayment

Jitender (Expert)
17 November 2008 principle - 100000 u/s 80C
inrterest - 150000 u/s 24.

Ravikumar.G (Expert)
17 November 2008 Aggregate of 80C, 80CCC & 80 CCD is 1Lakh.
It is only for self occupied. Not for let out property.


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