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Interest on house property loan

Tax queries 530 views 3 replies

Dear All

Mr.A has bought house property on feb-11and repayment of loan has started from mar-11. Can he claim interest and principal amount of loan in his income tax return.

Pls reply

Replies (3)

yes interest can be claimed u/s 24 and repayment of housing loan u/s 80C

https://taxbykk.blogspot.com/

agree with above expert           

Deduction can be claimed u/s 80C.


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