HOUSE BUILDING LOAN

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IF I TAKE A LOAN TO BUILD A HOUSE HOW MUCH OF THE LOAN CAN BE CLAIMED AS HBL PRINCIPAL AND INTEREST ???? IS PRINCIPAL FALL UNDER 80 C AND WHATS ABOUT THE INTEREST ???
Replies (6)
You can claim interest components u/s 20b...
If Use own then You can claim Rs. 200000
If use for rental then You can claim Full Interest Value...
repayment of principal will come under 80C
how much of interest can be vlaimed
You can claim interest components u/s 20b... 

If Use own then You can claim Rs. 200000

If use for rental then You can claim "Full Interest Value..."
section 24b
not 20b
Originally posted by : Srinivas Pyata
section 24bnot 20b

Yes.... Fully Agreedddd...


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