I had a house loan of 20 Lakhs, i repayed the whole amount last week. when filing my IT returns how can i claim the amount i paid for home loan ?
2 Replies
Venkatesh K N
(student)
(178 Points)
Replied 07 September 2018
U can take upto deduction of ₹2L
As house loan repayment
As house loan repayment
Durgesh Vashisth
(Financial Consultant)
(252 Points)
Replied 08 September 2018
Dear Sir,
You can claim the interest paid on Home Loan Under of House Property up to Rs.2 lakh and Take Deduction up to Rs.1.5 Lakh under 80C for the Principal Amount.
Thanks & Regards
Durgesh Vashisth
9899812287
Recent Topics
- GST ITC to Garment dealers.
- Eport of goods
- Stamp Duty On Transfer
- Advice on Investment of Retirement Corpus
- Nature of business activities under GST registrati
- Tally Vouchers Entry for Commission based services
- Regarding transfer of stock
- CBIC allowed ITC Available in Demo Car
- Final Course - Tricks to Pass
- Can we issue GST debit note in case mother invoice
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert04 February 2025
CAclubindia
