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Limit Of Housing Loan Interest Under Section 23(b) or else

This query is : Resolved 
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(Querist)
18 March 2009 My Employee have a housing loan towards which i pay an interest of Rs.3.50 Lacs Per Annum. Can I claim full deduction of Rs.3.50 Lacs from the taxable income?
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
18 March 2009 it can not be claimed by employer.

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