Interest on housing loan
This query is : Resolved
17 March 2013
I have bought house in the FY 12-13 and also taken loan on the same from GIC and claim exemption under section 24 & 80C. Now I want to transfer loan from GIC to SBI. Can I claim additional deduction of Rs 1 Lacs if i take loan from SBI in the FY 13-14.
17 March 2013
In budget referring first housing loan, in your case, transfer of housing loan to one bank to other. so you will not eligible for additional deduction Rs.1 lakh
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