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Income from House Property

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2010 Is the principal amount paid towards loan for construction of house also allowed as a deduction in the income tax return?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 May 2010 Principal paid for construction of House is allowed as deduction u/s.80C up to Rs.1 Lakh
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CA Gangadhar Mishra

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CA Gangadhar Mishra (Expert)
13 May 2010 agree
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
13 May 2010 principal amount of loan paid is allowed as deduction u/s 80C.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
14 May 2010 AGREE WITH EXPERTS.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
17 May 2010 AGREE WITH CMA.Ramesh Krishnan

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