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Housing loan int.& princ.

This query is : Resolved 
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(Querist)
22 July 2017 Can my friend get exemption/rebate of interest & principle of home loan taken from co-operative pat pedhi / pat-Sanstha?
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
22 July 2017 Only the interest part of such loan is available as deduction u/s 24. Principal repayment is disallowed in case of such loans
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Sunil Jadhao

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Sunil Jadhao (Querist)
23 July 2017 Thank You Very Much , Sir
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