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29 July 2011 Can I claim Income tax benefit on housing loan taken from Individual from salary Income ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
29 July 2011 Interest benefit can be taken u/s.24(b) even you are taking housing loan from Individual, provided that Individual giving the Interest certificate

But as per as Sec.80C concern Principal amount payment allowed only loan from bank/financial institutions & Approved Housing loan authorities
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