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Housing loan interest

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21 January 2014 Houlsing loan interest query

Bank has issued loan certificate showing Printiciple Amt. 10433
& Interest Amount 25537.
Pre-emi Interest. Rs. 5055.


what will be deductabel amount for 80c & interest portion.


Thanks in advance.

21 January 2014 Hi

Principle amt. u/s 80C 10433/-

&


Int. portion Rs. 25537 + 5055/5


Thx

22 January 2014 litl doubt sir

Int. portion 25537 + 5055 / 5 =
6518

what will be remng intrst.
have we any benefit for nex year


22 January 2014 litl doubt sir

Int. portion 25537 + 5055 / 5 =
6518

what will be remng intrst.
have we any benefit for nex year

22 January 2014 Hi

You can claim pre-construction in 5 installments from the year in which possession recerived

thx



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