Housing loan exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 February 2012
I have taken loan from Bank for purchase of New Flat from Builder in Nov-2011, in connection with, I have paid Principal Rs.8,485/- & Interest Rs.21,515/-
However, I have all ready one Flat which i was taken loan from My Employer in 2000.
In this connection, Employer recovered as a HBA Principal amount from my salary is Rs. 10,020/-(2011-12)
Then advice me, How Much amount I have claimed for 80C & 24B?
Its Urgent ?
However, I have all ready one Flat which i was taken loan from My Employer in 2000.
In this connection, Employer recovered as a HBA Principal amount from my salary is Rs. 10,020/-(2011-12)
Then advice me, How Much amount I have claimed for 80C & 24B?
Its Urgent ?
22 February 2012
Under Section 80C can be claimed one housing loan principal and sec.24b also one house is letout and one house is self occupied need to be shown. but option is yours to select which house is self occupied and which one let out
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