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Housing loan exemption

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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 ?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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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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