16 June 2009
I assume you are asking that Interest paid on housing loan will be allowed as deduction under which head of income and section. The same will be shown as deduction under section 24 as Income from House Property.
16 June 2009
Yes,I agree with Chetan and Vipul. U can only claim principal repayment under section 80C, interest will be allowed only under section 24(b)
CAclubindia
