Hl interest and principal deduction in income tax return

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Querist : Anonymous

Querist : Anonymous (Querist)

29 August 2018 Dear Team,

please guide how can i claim HL interest and Principal while filling income tax return??

Gokul Sharma

Gokul Sharma (Expert)
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29 August 2018 Interest paid on loan is eligible for deduction up to Rs.2 lakh under Section 24 when the property is self-occupied. The principal amount repayment of up to Rs.1,50,000 is eligible for deduction under Section 80C.

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Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2018 THANK YOU SO SO MUCH...

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Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2018 DEAR SIR,

IN CASE I HAVEN'T FILE MY INCOME TAX RETURN FOR LAST TWO A.S. 16-17 AND 17-18 AND I HAVE TDS IN BOTH THE YEAR, CAN I CARRY FORWARD THESE 2 YEARS TDS IN CURRENT A.S. 2018-19 WHILE FILLING MY INCOME TAX RETURN..

REQ. TO PLEASE HELP HERE.

Gokul Sharma

Gokul Sharma (Expert)
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01 September 2018 TDS Credit cannot be carried farward.