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allowable principla repayment ubder IT Act

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(Querist)
17 November 2008 what is the maximum allowable deduction in respect of Principle repayment
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vijayabhaskarareddy

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vijayabhaskarareddy (Querist)
17 November 2008 let me know maximum allowable deduction towards payment of home loan principle repayment
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Jitender

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Jitender (Expert)
17 November 2008 principle - 100000 u/s 80C
inrterest - 150000 u/s 24.
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Ravikumar.G

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Ravikumar.G (Expert)
17 November 2008 Aggregate of 80C, 80CCC & 80 CCD is 1Lakh.
It is only for self occupied. Not for let out property.

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