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)?
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Home loan interest & principal amount deduction
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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/-.
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