Hl interest and principal deduction in income tax return

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

29 August 2018 Dear Team,

please guide how can i claim HL interest and Principal while filling income tax return??

Gokul Sharma

Gokul Sharma (Expert)
Follow

29 August 2018 Interest paid on loan is eligible for deduction up to Rs.2 lakh under Section 24 when the property is self-occupied. The principal amount repayment of up to Rs.1,50,000 is eligible for deduction under Section 80C.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2018 THANK YOU SO SO MUCH...

Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2018 DEAR SIR,

IN CASE I HAVEN'T FILE MY INCOME TAX RETURN FOR LAST TWO A.S. 16-17 AND 17-18 AND I HAVE TDS IN BOTH THE YEAR, CAN I CARRY FORWARD THESE 2 YEARS TDS IN CURRENT A.S. 2018-19 WHILE FILLING MY INCOME TAX RETURN..

REQ. TO PLEASE HELP HERE.

Gokul Sharma

Gokul Sharma (Expert)
Follow

01 September 2018 TDS Credit cannot be carried farward.

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