Loan
This query is : Resolved
24 June 2014
we took loan of 12lakhs @ 10.25 interst for construction of house whose value 39lakhs and emi is 27500 and we already own one house can we get any deduction or exmpetion frm tax
Nikhil Kaushik
(Expert)
24 June 2014
you can get deduction under 80c and section 24...but no deducted under 80ee.
Rupesh Jain
(Expert)
25 June 2014
you can take intt exemption u/s 24(b) and loan repayment amount u/s 80C.
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