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Deduction of emi on self occupied purchaing property

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 May 2012 i want purchase a self occupied house .
how much i get the MAXIMUM deduction of interest on the part of EMI?
AND MAXIMUM DEDUCTION OF REPAYMENT OF PRINCIPAL AMOUNT?


HOW WE CAN DO THE TAX PLANNING?


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Guest

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Guest (Expert)
06 May 2012 u ll get max deduction of Rs 1.5 lakhs on interest part nd Rs 1 lakhs for principal repayment u/s 80C aubject to overall limit of Rs 1 lakhs under this section



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