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Deduction U/S 24(b)

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Guest

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Guest (Querist)
22 September 2008 If an employee pays interst to his employer for Housing Loan taken at consessional rate, then is such employee is elegible to claim such interest paid as deduction U/S 24(b).
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Taxguy

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Taxguy (Expert)
22 September 2008 Repeated query.
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CA. Amit Daga

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CA. Amit Daga (Expert)
22 September 2008 ya he is elgible
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Jitender

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Jitender (Expert)
22 September 2008 employee is eligible for deduction u/s 24.
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A.Sekar

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A.Sekar (Expert)
23 September 2008 Certainly he is eligible on the interest charged by the employer.
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Ravikumar.G

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Ravikumar.G (Expert)
24 September 2008 he can claim

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