House loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2010
my interest loan was 15000 & loan amount 110000/-paid by me last year, how mush i will receive U\s24, & what are the max.limit of U\s 24
20 August 2010
Full Rs. 15,000/- allowable as deduction u/s 24. Maximum amount Rs. 150,000/-
Principal repayment u/s 80C allowable as deduction maximum limit Rs. 100,000/.
Principal repayment u/s 80C allowable as deduction maximum limit Rs. 100,000/.
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