Deduction of Housing loan interest and principal

Tax planning 2043 views 5 replies

I want some clarification regarding can we take deduction of housing loan interest and principal if we borrow loan from relative.........

 

 

Replies (5)

Deduction u/s 80C is available only if borrowals are from specified sources .

But to claim interest on borrowings from self occupied house or let out house , if other conditions are satisfied , there is no restrction regarding sources of borrowings

Dear Sampat Jain

thanks a lot for ur quick response...

i had a doubt regarding ICWAI inter sullbus.

if u dont mine can u provide ICWAI inter  Business taxation old syllbus.

pls provide the same. 

why u need old syllabus yaar?

plz go through section 80C clause xviii sub-clause a & b

it says about " self  finamcing" . may be helpful for you.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
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