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Deepak (Financial Analyst )     31 July 2021

Housing Loan from Credit cooperative society

Loan taken from Credit cooperative society for construction of house. Is EMI paid towards repayment of Loan is eligible for deduction u/s 80C Principal amount & 24 Interest amount?

 3 Replies

CMA Poornima Madhava

CMA Poornima Madhava (CMA)     31 July 2021

Yes, deduction can be claimed u/s 80C as well as 24(b) even in respect of loan from co-op society I think.

1 Like

Sourav (Student)     31 July 2021

Yes deduction is available
1 Like

Nidhi (Chief Accountant)     31 July 2021

Yes, you can claim deduction u/s 80C principal as well as 24(b) interest
1 Like

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