Income tax query for insurance loan took with housing loan

ITR 207 views 2 replies

I am having a insurance which took along with housing loan.This can be claim in 80d. I have made some advance payment on this insurance loan..Can I claim the full principal component in 80 d?Please help

Replies (2)

No. Sec. 80D is for Mediclaim, not eligible to claim any other insurance premium.

If it is life insurance premium,you can claim in 80C along with the principal component of housing loan upto a maximum amt of Rs 150000/-


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