Housing loan
This query is : Resolved
31 July 2012
I want to know under which sec should the assess claim the emi and principal paid for housing loan??
I want to file the return ITR-1 ,the amount towards home loan was 2,35,334/-
I want to file the return ITR-1 ,the amount towards home loan was 2,35,334/-
Amol S Joglekar
(Expert)
31 July 2012
out of EMIs paid... principal amount will go to 80C and the interest will go to 23 or 24 as the case may be
CA BHARATH KUMAR
(Expert)
31 July 2012
Repayment of principal u/s 80c and Interest will claim under sec 24b
CA Lokesh Pokharna
(Expert)
31 July 2012
in addition under 80c max. 1lac
& 24b max 1.5 can be taken as deduction
& 24b max 1.5 can be taken as deduction
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