total amount paid for housing loan for f.y.17-18 is Rs.183552/-out of which Rs.122123/-is the principal amount & Rs.61429/-is the interest amount. can we claim this amount as deduction as Rs.122123/-under section 80C & Rs.61429/-under section 24(b)?
Menu
Home loan interest & principal amount deduction
Replies (4)
yes. this is how you are supposed to claim this deduction
Yes you have to claim deduction u/s 80C for principal amt only I.e 122123/- & u/s 24(b) Rs.61429/-.
thank you.
Welcome.....
Recent Topics :
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
Related Topics :
CAclubindia
