Respected experts we have purchase complete house in December 2018 and got housing loan amount Rs 16 lac on this can i avail the interest benefit upto march 2018 for the A.Y 18-19
I am individual person
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Housing Loan interest
Replies (6)
Is it December 2017 please clarify ?
yes it is december 2017
Yes, you can claim deduction under section 24b on interest paid
and principal amount not claim ?
Yes, u can claim the interest U/s 24b... and if u have paid any amount regarding to principles then eligible for deduction under 80C
U can claim 80c on principal only if the loan is taken from a financial institution and not from any relative
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