banner_ad

matter of home loan

This query is : Resolved 
Profile Image

Guest

Profile Image

Guest (Querist)
29 June 2011 good afternoon sir\madam
, can u plz tell me if I take a home loan . And my monthly emi 5000 per month than can take deduction( 5000 *12= 60000) of it. Plz mam
Profile Image

CA KRISHNA KUMAR DARUKA

Profile Image

CA KRISHNA KUMAR DARUKA (Expert)
29 June 2011 For the principal portion of EMI you will get deduction upto Rs 100000/-(together with other eligible investments) under setion 80C.

On interest portion of your home loan you will get deduction upto Rs 150000/- under section 24.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details