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Income tax

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sivakumar (Querist)
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04 February 2016 Hi, can I claim housing loan interest and principle.

CA CMA CS Ram Pavan Kumar Melam

CA CMA CS Ram Pavan Kumar Melam (Expert)
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04 February 2016 Housing loan interest u/s 24: in case of a self occupied property Rs. 200,000 per annum and for let out property no ceiling; In case of principal repayment u/s 80C up to Rs. 150,000.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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04 February 2016 Provided the claimant is the 'owner' of the house property.

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