Bifurcate interest and principal amount of home loan

36,417 Interest amount

89,352 Principal amount

Interest will come in B2 (v)

Principal amount in Part C 80C

THANKS

BUT INTREST CERTIFICATE IS SHOWN ( TOTAL REPAYMENT RECD PRINCIPAL+ INTREST =209795)

As per Answer is Intrest Amount is         36417.00

                            Principale Amount is   89352.00

             It's mean Repayment is           125769.00 -209795=84026?

Total repayment and interest means till date i.e previous years & current year figures are added in totality

Originally posted by : Ruchika Somani
	Total repayment and interest means till date i.e previous years & current year figures are added in totality

Thanks a lot !!!!!

Dear Mam !

What is the meaning of u/s 139(9)

Where the Assessing Officer considers that the return of income furnished by the assessee is defective, he may intimate the defect to the assessee and give him an opportunity to rectify the defect within a period of fifteen days from the date of such intimation or within such further period which, on an application made in this behalf, the Assessing Officer may, in his discretion, allow; and if the defect is not rectified within the said period of fifteen days or, as the case may be, the further period so allowed, then, notwithstanding anything contained in any other provision of this Act, the return shall be treated as an invalid return and the provisions of this Act shall apply as if the assessee had failed to furnish the return :

Provided that where the assessee rectifies the defect after the expiry of the said period of fifteen days or the further period allowed, but before the assessment is made, the Assessing Officer may condone the delay and treat the return as a valid return.

Dear Mam !

is gas subsidy exempt income?

Originally posted by : ajaz ul haque
	Dear Mam ! is gas subsidy exempt income?

It does not form part of Taxable Income. Not to be included in ITR