can we take the deduction

96 views 2 replies
We have a house loan co owner
With 50-50%
We take the loan in oct 2018
I want to ask if we pay principal up 3 lack rs up to march
Then what we can take 1.5lack deduction under 80c
From each cowner
Replies (2)

Yes

yes both the owners can claim deduction of 2L each for interest component (if self occupied) and 1.5 L each for principal component


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