Housing loan deductions
This query is : Resolved
31 August 2015
DEAR SIR,
INTEREST AND PRINCIPAL AMOUNT CAN BE DEDUCTABLE U/S 24B AND U/S 80C WHEN A PERSON LOAN TAKEN ON PLEDING THE HOUSE OR MORTGAGE LOAN ON HOUSE
PLEASE CLARIFY MY DOUBT
INTEREST AND PRINCIPAL AMOUNT CAN BE DEDUCTABLE U/S 24B AND U/S 80C WHEN A PERSON LOAN TAKEN ON PLEDING THE HOUSE OR MORTGAGE LOAN ON HOUSE
PLEASE CLARIFY MY DOUBT
31 August 2015
Can't avail the benefit of both sections.
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