GOV.EMPLOYER
This query is : Resolved
28 January 2011
Dear sir,
A gov.employer taking housing loan and property given on rent housing loan/int. exmpted in income tax and rent income valid in 30% deduction in tax calculation
A gov.employer taking housing loan and property given on rent housing loan/int. exmpted in income tax and rent income valid in 30% deduction in tax calculation
28 January 2011
30% deduction and Interest deduction is allowed.
28 January 2011
In addition to the above 2 benefits , you are entitled to claim Deduction U/s 80C for the amount of principal loan amount repayment.
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