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80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 July 2013 Dear Sir,
As the payment of principal amount of home loan upto 1 lac is covered u/s 80c. Whether the payment of interest amount thereon u/s 24 also comes within chapter 6A.

01 July 2013 Only Sec.80C comes under chapter VI-A. Interest deduction u/s.24(b) is different, that is kind of loss

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 July 2013 Whether in ITR4S interest deduction can be claimed, if yes then in which column.


01 July 2013 Yes. can be claimed. in Part-B, B-3 need to put the net loss after considering interest deduction



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