Easy Office
LCI Learning

Housing loan

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 August 2011 dear all,

i get a housing loan from 10 year ago which is not fully paid and again i get a second housing loan for reconstruction and up gradation for this house can i get tax benefit u/s. 24b and 80 c from 2nd housing loan.

thanks
Profile Image

U S Sharma

Profile Image

U S Sharma (Expert)
04 August 2011 both loans are eligible subject to max ceiing in consolidated manner.
Profile Image

Sunil Kumar - CA

Profile Image

Sunil Kumar - CA (Expert)
04 August 2011 Yes you will get benefit of exemption on both loans u/s 24b & 80C subject to fullfillment of conditions prescribed in IT Act 1961.
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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links