EASYOFFICE
EASYOFFICE

House repairing loan from a credit co op society

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 February 2015 Please guide me about income tax treatment u/s 80C & 24 for a government employee who opted house repairing loan from his co op society.
Interest paid 34000 & principal paid 52000.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
14 February 2015 1. 24(b) can be claimed.

2. 80C cannot be claimed because eligibility is for PURCHASE or CONSTRUCTION of a residential house.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
14 February 2015 you can claim intt u/s 24(b) for repair up tors.30000/-

u/s 80c available for purchase and construction of residential house
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links