Deduction u/s 80c applicability for ay 15-16

This query is : Resolved 

27 March 2015 Friends,

Income from salary 1470400/-

Loss from House property -270709/-

Housing loan repayment U/s 80C 150000/-
As per new amendment Can eligible for 150000/- or not .

27 March 2015 Yes for AY 15-16 and onwards 80C deduction is Rs. 1.5 lac.

27 March 2015 yes you are eligible for ay 2015-16


28 March 2015 Please clarify how much you have paid the instalment for which you have to bifercate the principle amount and interest amount of total instalment paid, accordingly you can claim the deductions.



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