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Housing lon principal

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 September 2013 ONE WHO IS NOT A SELF OCCUPANT OF HOUSE BUILT BY AVAILING HOUSING LOAN AND WHETHER HE IS ELIGIBLE FOR EXEMPTION OF PRINCIPAL U/S 80C. AND WHAT IS THE ELIGIBILITY OF INTEREST EXEMPTION PLEASE CLARIFY.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
15 September 2013 Yes. housing loan availed for let out house also, eligible for principal deduction u/s.80C. and interest u/s.24b is actual interest

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