Income tax rebate on salary u/s 80c
This query is : Resolved
PANKAJ MISHRA
(Querist)
09 May 2014
I have pre-paid my pending housing loan on 9.5.2014 break up of total amount is Rs.441584/- towards Principal and Rs.9115/- towards interest as on 9.5.2014 for Financial year 2014.15.
Please guide me about eligibility of Rs.441584/- principal amount subject to 80C deduction.
Please guide me about eligibility of Rs.441584/- principal amount subject to 80C deduction.
Sandeep Dharar
(Expert)
09 May 2014
Mr Pankaj the amount paid as principle will b allowed u/s 80C(upto Rs. 1L) and u can claim interest on loan component under 24a(income from house property)
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