Housing loan deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 October 2016
Dear All
Pls clarify how much maximum deduction
A individual can claim of following.
1) deduction of interest paid on housing loan.2) deduction of repayment of housing loan..3) hostal fees deduction for two child,
Regards
sandeep chauhan
Pls clarify how much maximum deduction
A individual can claim of following.
1) deduction of interest paid on housing loan.2) deduction of repayment of housing loan..3) hostal fees deduction for two child,
Regards
sandeep chauhan
26 October 2016
Housing Loan interest max. 2 Lacs
Housing loan principal max. 1.5 Lacs including 80C,80CCC Total deduction max. upto 1.5 Lacs.
Housing loan principal max. 1.5 Lacs including 80C,80CCC Total deduction max. upto 1.5 Lacs.
26 October 2016
Hostel fees will not deductible u/s 80C
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
