Housing loan deduction


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 October 2016 Dear All
Pls clarify how much maximum deduction
A individual can claim of following.
1) deduction of interest paid on housing loan.2) deduction of repayment of housing loan..3) hostal fees deduction for two child,

Regards
sandeep chauhan

26 October 2016 Housing Loan interest max. 2 Lacs
Housing loan principal max. 1.5 Lacs including 80C,80CCC Total deduction max. upto 1.5 Lacs.

26 October 2016 Hostel fees will not deductible u/s 80C


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