Interest on house loan
This query is : Resolved
25 April 2012
I am a salaried employee and I am having a home loan for which I am receiving a Rent, last year interest paid is Rs.1,56,000/-
I want to know How Much Interest should I claim, whether 1.56 or 1.50 lakhs?
Thanks
I want to know How Much Interest should I claim, whether 1.56 or 1.50 lakhs?
Thanks
26 April 2012
You can claim Rs 1.56 lac in respect of the let out property. You are also eligible to deduction U/s 80C.
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