Housing loan interest & long term infrastructure bonds

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Rajesh Chopra (Querist)
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16 November 2014 Sir I am a co owner (50%) in a self occupied flat alongwith my husband and have bought this flat by taking housing loan.

Pls advise under which section of income tax can I claim exemption for interest payment and upto what limit.

also advise if exemption in long term infrastructure bonds is still available in addition to exemptions under sec 80C.

Thanks
Jyoti

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 November 2014 deduction for interest is available under section 24(b).

the 80CCF deduction for long term infra bonds is no more available. However, certain long term bonds are still covered in 80c