Deduction of int in housing property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 May 2012
from which bank can take loan for the housing purpose ,so that repayment of the interest & principal amt will be deducted?
21 May 2012
any nationalised bank,foreign bank or financial institutions. Interest will be deducted under Income from house property and principal repayment may be claimed under 80C.
21 May 2012
interest can be claimed for deduction under income from house property and principal claim from deduction under 80c upto Rs. 1,00,000.
21 May 2012
Agree with above expert....
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