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Income from house property

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(Querist)
25 July 2018 Assessee has taken housing loan against one property

The same property has been let out by the assessee and getting rent per month

Can the assessee claim interest and principle repayment towards housing loan u/s 24 & 80C respectively ?
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CA Vijay Kumar Gupta

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CA Vijay Kumar Gupta (Expert)
30 July 2018 Yes he can. There is no prohibition under income tax Act to do so.

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