Housing Loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 March 2010
whats the limit of deduction for repayment of principal amount and the interest on housing loan?
CA Gangadhar Mishra
(Expert)
12 March 2010
tax benefit for interest on self occupied housing loan is 150000/- U/S 24, and for principal 100000/- u/s 80c.
Message likes :
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CA.ViVeK M ACA
(Expert)
12 March 2010
Agreed
CMA Ramesh Krishnan
(Expert)
13 March 2010
agreed
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