Interest on borrowed capital

please note that to treat the loan as housing loan, you will have to confirm with the company that if the loan is provided to the employees under the Employees Housing Scheme.

Also the documentary evidence will be the Certificate provided by your co stating that so much of the amount is being paid/payable by the employee towards Principal & Interst.  On the basis of this certificate only you can claim deduction u/s 24(b)

please note that to treat the loan as housing loan, you will have to confirm with the company that if the loan is provided to the employees under the Employees Housing Scheme.

Also the documentary evidence will be the Certificate provided by your co stating that so much of the amount is being paid/payable by the employee towards Principal & Interst.  On the basis of this certificate only you can claim deduction u/s 24(b)