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Housing Loan Deduction

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15 October 2008 One employee od SBI was voluntarily retired and disbursed his housing loan which was standing against him and claimed exemption u/s 24 in the return.Whether it is admissible or not? If Yes so kindly quote the section.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 October 2008 principal repaid is not admissible u/s 24.

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