Home loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 March 2012
hi,
i have a home loan for which im paying 59258 as interest per annum & 130415 has principle per annum.
What is my exemption limit here?
help plz
i have a home loan for which im paying 59258 as interest per annum & 130415 has principle per annum.
What is my exemption limit here?
help plz
CA Nikhil Jhanwar
(Expert)
08 March 2012
Deduction under Sec 24(b)for interest Rs. 59258 to be considered in Income from house property. Amount of Rs. 130415 restricted to maximum of Rs. 1 LAc deduction u/s 80C
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