Housing Loan

This query is : Resolved 

16 March 2021 Dear All,

If 4 family members are taken Joint Loan of Rs.35 Lacs then each one how much they take exemption Under Section 80C and 80EE can claim in ITR-1.

Thanking You

Amruth Kumar

24 September 2021 All can claim the deductions under the act independently. i.e. Each individual can take upto Rs.1.50 lakhs u/s. 80C of IT act.


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