Advises on the Housing Loan Prinicipal and Interest Payment for IT declaration

KamalaKannan Ramesh (1 Points)

03 August 2021  

Respected members,

Please advise about the deduction under 80c and chapter VI- A for housing loan payment and interest paid for this year. I recently purchased plot under government housing board with installments monthly and will that be eligible for income tax deduction benefits?

 

Also how much I can fill under this category for 80c and chapter vi-a housing loans related slab and what are the documents that I need to submit in order to apply under this section?

 

I sincerely appreciate if anyone of you can enlighten me with your inputs and advises.