banner_ad

House Property

247 views 3 replies
Buyed a house in June 19 with bank loan and paid stamp duty in same month and got possession in Feb 20. Can I awail stamp duty amount and home loan interest??

Thank u
Replies (3)
Stamp duty paid for buying a house will come under deduction under sec 80 C..
and interest on home loan will come under 24(b)
Yes, You can avail/claim Deduction of Stamp duty Paid on Purchase of house and can also claim Deduction of Principal part of loan repayment u/s 80C within a overall limit of Rs. 1,50,000
You can also claim Deduction of interest u/s 24 under head income from house Property.

So, Total You can claim Deduction of Stamp duty, and Principal and interest amount in loan under different sections.
Principal amount under section 80c upto 150000 interest under section 24(b) if house is for self occupation then restricted upto 200000 under 24b if house stamp duty value is below 45lakhs and loan is sanctioned in 2019to 2020 then u can claim additional interest paid above 200000 bit restricted to 150000 under section 80EEA


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details