Home loan deduction
This query is : Resolved
26 July 2011
HI ALL my client had taken a loan for home this year he has paid interest of 178860 with principle of 188818. moreover he has mediclaim for 4000 which is deducted u.s 80d and lic of 44000 rs i want to know what will be his total deduction from income u/s 80c and 24(b) for interest paid for home loan
kindly help
thanks
rana
kindly help
thanks
rana
26 July 2011
Interest u/s 24(b)Rs.1,50,000/-
Principal u/s 80C 1,00,000/-( presuming that principal repaid is Rs.1,88,818/-).
Mediclaim u/s 80D 4,000/-
Principal u/s 80C 1,00,000/-( presuming that principal repaid is Rs.1,88,818/-).
Mediclaim u/s 80D 4,000/-
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- Form 27Q Correction statement taking too long to update on IT Portal
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
