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Deduction u/s 80c

This query is : Resolved 

20 July 2019 Does Principal and Interest (on housing loan) both qualify for deduction u/s 80C?
My client is employee in Corporation Bank. Bank has issued Form 16 for A.Y. 2019-20, where in Principal + Interest that is total installment has been shown as deduction u/s 80C
Also, Interest is shown as deduction u/s 24(b) under the head Income from house property.
Is the calculation given by Bank in Form 16 correct?

20 July 2019 Not correct only principal can be shown as deduction u/s 80C.


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