04 August 2008
He can get the exemption max of Rs.1.5 Lakhs (in interest portion) under section 24B and for principal amount under sec 80C (max of Rs. 1 Lakhs including other investments under sec 80C)
04 August 2008
interest on housing loan is exempt u/s 24b of the income tax act & principal amount is exempt up to rs 100000/- including other investments
CAclubindia
