Deduction of emi on self occupied purchaing property
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?
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
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