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Over draft on housing loan eligible for i t deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 March 2014 Dear Sir

I Have Existing Housing Loan from PNB Now There is Scheme in PNB Festival Bonanza for Existing Customer Over Draft up to 25 Lacs. on Home Loan in this Cash we can Take Income Tax Deduction under 80C and Interest Deduction Under Section 24(b).

Please suggest me I want to take Loan

Thanks & Regards

Jayendra Patel
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
07 March 2014 yes u will allowed deduction u/s 24(b).
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