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Home loan deduction
Sir, in which conditions, A salaried person can claim deduction under section 24 for home loan interest?
Replies (9)
in all conditions you can claim deduction under section 24
Sec 24 says which conditions apply for claim home loan interest...
But, It's not says specifically to salaried/Business/Professiins.. It's common deduction...
https://cleartax.in/house-property/case-study-section-24-self-occupied-house
please read the details in the given link...
But, It's not says specifically to salaried/Business/Professiins.. It's common deduction...
https://cleartax.in/house-property/case-study-section-24-self-occupied-house
please read the details in the given link...
Sir i went throught this article
Suppose if one has no income from houseproperty then it that case salaried person taken loan from bank can claim deduction?
Suppose if one has no income from houseproperty then it that case salaried person taken loan from bank can claim deduction?
Yes... Even if there's no rental income, you can claim section 24 deduction
Ramakrishnan sir, From salary income , can i also claim this deduction??
Yes... Mr Sandeep Sharma.,
You can claim interest deduction for your salaried income...
Also claim principal amount in 80C...
You can claim interest deduction for your salaried income...
Also claim principal amount in 80C...
Ok thank you very much sir
You are most welcome Dear...
GOOD LUCK...
GOOD LUCK...
in case if 24(b) interest deduction allowed
self occupied limited to 2l or 30k
let out No limit
self occupied limited to 2l or 30k
let out No limit
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