Processing fee

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Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2011 can loan processing fee can be claimed by adding interest, while calculating self occupied property.

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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28 July 2011 No. Loan processing fees is different. Only the amount of interest is permissible.

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Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2011 there are few people say.. loan processing fee can also included in 80C, few says can be included in Interest..

CMA Ramesh Krishnan (Expert)
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28 July 2011 Loan processing fee not allowed in both section 24(b) & 80C

Section 80C allowed Stamp duty, registration fees under principal

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