Income tax rebate for home loan first time payee

221 views 8 replies
1. In 2012 loan was sentioned.
2. Got loan payment certificate specifying principal and interest separate from bank for each year till date.


? How to claim income tax rebate while filing ITR-1.
Replies (8)

1. Interest part under Schedule HP

2.  Principal part under Sec. 80C (+80E, wherever applicable) of Schedule VI A

Only payments related to corresponding year.

Above not clear please explain further
Above not clear please explain further exact detail
Above not clear please explain further exact detail
Above not clear please explain further exact detail
Above not clear please explain further exact detail
Above not clear please explain further exact detail

Refer: Tax-benefit-on-home-loan

&/or benefit-on-home-loan

& additional-tax-benefit-for-first-time-home-buyers

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