Pls help me out:
I would like to know, wether assesse can claim duduction of interest on housing loan u/s 24 if he borrows housing loan from co-operative society (patpedhi/ patsanstha) ???
Pls help me out:
I would like to know, wether assesse can claim duduction of interest on housing loan u/s 24 if he borrows housing loan from co-operative society (patpedhi/ patsanstha) ???
YES YOU CAN CLAIM U/S 24 THE INTEREST ON LOAN TAKEN FROM CO-OPERATIVE SOCIETY
| Originally posted by :RITESH KOTHARI | ||
| " | YES YOU CAN CLAIM U/S 24 THE INTEREST ON LOAN TAKEN FROM CO-OPERATIVE SOCIETY | " |
Thank you very much.....
Pls do one more favour...... wether principal repayment of such loan is eligible for duduction u/s 80 C? (As the borrowing is not from specified source.)
prinicipal amount is not deductable deduction u/s 80C.....
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