Deduction of housing loan interest u/s24

Tax queries 1727 views 3 replies

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) ???

Replies (3)

 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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