House loans claims
Darshan Vandra (Senior Accountant) (64 Points)
22 August 2019the query is that how claim this int. on hsg loan ? , can he claim u/s 24 & 80c ?
Darshan Vandra (Senior Accountant) (64 Points)
22 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183282 Points)
Replied 22 August 2019
Whether he is joint applicant in the loan?
Darshan Vandra
(Senior Accountant)
(64 Points)
Replied 22 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183282 Points)
Replied 22 August 2019
Yes, he can claim home loan interest deduction u/s. 24(b), and principal deduction u/s. 80C of IT act; subject to prescribed limits. Advisable to get EMI payment receipt from banker in his name.
Shivam RC
(Student)
(23683 Points)
Replied 22 August 2019