17 March 2013
I have bought house in the FY 12-13 and also taken loan on the same from GIC and claim exemption under section 24 & 80C. Now I want to transfer loan from GIC to SBI. Can I claim additional deduction of Rs 1 Lacs if i take loan from SBI in the FY 13-14.
17 March 2013
In budget referring first housing loan, in your case, transfer of housing loan to one bank to other. so you will not eligible for additional deduction Rs.1 lakh
CAclubindia
