Respected,
Interest on Housing loan for self occupied property is declared under form 16 part b by the employer, how ever the same has not been auto populated in the ITR - 1 form while filing Income tax.
I Observed the same with Clients who are salaried employees and the situation was the same with clients from different employers too.
Is this normal and can we Deduct the amount of interest paid under the section 24 and as well as under section 80EE a well ? is there any order like claim first exhausting the Section 24 limit and then the 80EE limit ?
Requesting clarification from the experts. Thank you.
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Interest on housing loan
Replies (2)
Yes, I face the same situation, and if this is genuine show the interest in ITR
thank you for the timely reply sir, so should I show it under section 80EE or under section 24 sir in this case the interest income stands around Rs. 66,000
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