Home loan on house property can take principal exemption
This query is : Resolved
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VIKAS KUMAR SHARMA
(Querist)
17 July 2020
if home loan taken on partly self occuiped and partly rented property.
Can take exemption on paid principal amount also (80C)? Paid principal amount Rs 202776 and interest paid Rs 37224
Please advice how can take benefit
Can take exemption on paid principal amount also (80C)? Paid principal amount Rs 202776 and interest paid Rs 37224
Please advice how can take benefit
Harshit Bangar
(Expert)
17 July 2020
YES, IT CAN BE TAKEN ON PART OF THE HOUSE SELF OCCUPIED BY ASSESSEE.
VIKAS KUMAR SHARMA
(Querist)
17 July 2020
both benefit of interest as well principal amount can be taken?
Harshit Bangar
(Expert)
17 July 2020
yes both benefit of interest and principle and in let out section you can take benefit of interest.
Dhirajlal Rambhia
(Expert)
05 November 2021
https://www.bankbazaar.com/tax-benefit-on-home-loan.html
https://www.bajajhousingfinance.in/home-loan-tax-benefit
https://www.bajajhousingfinance.in/home-loan-tax-benefit
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