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Deduction of home loan principal and interest.

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 May 2018 Hello!!

My query is if my income is below the basic exemption limit of Rs. 2,50,000, can I claim the benefit of payment of principal and interest on home loan by filing the return.

Thank You.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
09 May 2018 If Income is below the taxable limit then also you can claim the deductions or say -you have to claim.

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