Deduction of emi on self occupied purchaing property

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2012 i want purchase a self occupied house .
how much i get the MAXIMUM deduction of interest on the part of EMI?
AND MAXIMUM DEDUCTION OF REPAYMENT OF PRINCIPAL AMOUNT?

HOW WE CAN DO THE TAX PLANNING?

Guest

Guest (Expert)

06 May 2012 u ll get max deduction of Rs 1.5 lakhs on interest part nd Rs 1 lakhs for principal repayment u/s 80C aubject to overall limit of Rs 1 lakhs under this section

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now