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Housing Loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 March 2010 whats the limit of deduction for repayment of principal amount and the interest on housing loan?
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CA Gangadhar Mishra

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CA Gangadhar Mishra (Expert)
12 March 2010 tax benefit for interest on self occupied housing loan is 150000/- U/S 24, and for principal 100000/- u/s 80c.
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
12 March 2010 Agreed
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 March 2010 agreed

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