Home loan interest & principal amount deduction

Rudrayani Shedjale (Assistant Accountant) (751 Points)

09 April 2018  

total amount paid for housing loan for f.y.17-18 is Rs.183552/-out of which Rs.122123/-is the principal amount & Rs.61429/-is the interest amount. can we claim this amount as deduction as Rs.122123/-under section 80C & Rs.61429/-under section 24(b)?