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Incometax

This query is : Resolved 
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Guest

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Guest (Querist)
23 June 2016 I AM HAVING SELF OCCUPIED FLAT PURCHASE IN 2005 IT IS SOLD IN APRIL 2016 I HAVE CLEARED HOUSING LOAN ON THAT FLAT INTEREST PAID IS 10LAC AND PRINICIPAL PAID IS 6LAC TOTAL 16LAC IN APRIL 2016 WHETHER I AM ENTILED TO CLAIM DEDUCTION ARISE AGAINST LT GAIN FOR INT PAID AND PRINCIPAL AS ABOVE WHILE FURNISHING MY INCOME TAX RETURN FOR FIN YEAR 2016-17

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Rupesh Jain

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Rupesh Jain (Expert)
23 June 2016 yes you can claim the amount paid by you in respective heads. under intt u/s 24 and repayment of loan u/s 80C.

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