Sir,
when a bank employee had taken home loan from his bank as staf loan in which his EMI is 15000 , his bank said him that his EMI is served
first as principal amount then interest amount and his interest is charge as simple interest by his bank. Can he claim her interest generate for my 2017-18 as 212000 but not paid
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deduction u/s 24b
Replies (1)
It would be better if bank can provide you statement for the principal amount with its interest, all inclusive of 15K PM or 1.80L PA.
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