Home Loan Exemption


MILIND JADHAV   09 December 2019

MILIND JADHAV

 3 points

| My Other Post

can i claim home loan exemption of principal and interest if i take a home loan from cooperative financial society

RAJA P M ("Do the Right Thing...!!!")     09 December 2019

RAJA P M
"Do the Right Thing...!!!" 
 7790 likes  105843 points

View Profile | My Other Post

Yes.... You can claim exemption.

avater

Shubham Gupta (Business Consultants)     09 December 2019

Shubham Gupta
Business Consultants 
 116 likes  2077 points

View Profile | My Other Post



Read more at: https://www.caclubindia.com/forum/exemption-for-home-loan-taken-from-co-operative-financial-society-414264.asp

MILIND JADHAV   09 December 2019

MILIND JADHAV

 3 points

View Profile | My Other Post

Thank You Sir for the Clarification

RAJA P M ("Do the Right Thing...!!!")     09 December 2019

RAJA P M
"Do the Right Thing...!!!" 
 7790 likes  105843 points

View Profile | My Other Post

You are most welcome... ...

avater

Kapadia Pravin   10 December 2019

Kapadia Pravin

 823 likes  12940 points

View Profile | My Other Post

Interest deduction under section 24 is available

Principle repaymenet upto a maximum of 150000/- is available as deduction under 80C --

provided home loan is taken for construction of a house ----- from Co-operative Financial society.......

.....any company in which the public are substantially interested or any co-operative society, where such company or co-operative society is engaged in the business of financing the construction of houses .....


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  




Popular Discussion


view more »