Reg deduction of 80c

Yes it should be taken into consideration by the employer if employee provides the relevant details.

yes.....
 

Intt. from house property casn be taken into consideration

AGREE WITH MR GUPTA

It is considered

Originally posted by : RAMU G
	For the time of tax calucation of employee by the employer - shall the interst on housing loan repayment which is occupied by the employess take in to consideration or not (I.e the Income from House property is loss

Yes Deduction is available for interest paid on housing loan up to Rs 1.50 lacs if possession of property on which loan is taken is given to employee and he either use it for own residence or can keep vacant or give on rent  ( Important point to avail deduction is that  employee should get the possession of property on whcih housing loan is taken )