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Housing Loan Allowance

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 September 2010 Housing Loan getting deduction in 80C and interest deduction get in house property. if i taken the topup of house property loan then i get both the deduction or only get principal deduction.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
07 September 2010 If the top up is not for repairs/ renovation, benefit of both sections can be availed. Otherwise benefit of section 24(b) alone can be availed.
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