House mortgage loan for IT benefit

if a mortgage loan is obtained from a Housing finance company. And the company provides details of principal and interest for the FY and also certified that the same are eligible for deduction under 80c and 24b respectively, isit allowed under present rules. Can mortgage loan be treated for claiming loss from HP
Replies (3)
Quick Summary
This discussion explores the eligibility of claiming Income Tax benefits on a mortgage loan obtained from a housing finance company. It clarifies whether principal repayments are deductible under Section 80C and interest under Section 24b, as certified by the lender. The conversation also touches upon treating mortgage loans for claiming losses from a house property.

No. only house construction loan.
Yes, I agreed with Mr Sharath Chandra...
Home loam

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details