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Interest and principal repayment deduction under section 80c

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Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2015 One of my client has repaid Rs.245631 as interest on housing loan and Rs.81321 towards principal.

Now, i am claiming Rs.200000 as deduction u/s 24b and rest Rs.45631 remains. Can i claim the same as deduction u/s 80C along with Principal repayment of Rs.81321

Thanking you

CA Kanj Goel

CA Kanj Goel (Expert)
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01 June 2015 No it is not possible interest payments are covered by section 24of income tax act and house vlian repayment is covered us 80 c of income tax act.

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