Deduction u/s. 80c


This query is : Resolved 

11 July 2015 Dear Sir,
What is the maximum exemption limit on repayment of house building loan for FY. 2015-16 relevant to A.Y. 2016-17.

Please reply at the earliest.


Thanks in advance,
Abhishek Roy Choudhury.

11 July 2015 Rs 150000/- is maximum deduction limit for House Loan Principal Repayment, which is also the ceiling for deduction u/s 80C.

CMA Gul S (Expert)
12 July 2015 Hi Abhi-

it is 150000.
for details you can refer

https://taxadda.com/income-tax/house-property/deduction-of-interest-sec-24b/

12 July 2015 Dear Sir,
Is there any increase in maximum exemption limit on repayment of house building loan for F.Y. 2015-16 u/s. 80C.

Please reply at the earliest.


Thanks in Advance,
Abhishek Roy Choudhury.

12 July 2015 No there is no such increase u/s 80C.


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