Itr filing

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Dear Sir

My son in law and daughter bought a flat for Rs34lakhs in 2011.All these days he was paying the EMI and filing ITR2.Now my daughter also wants to give EMI as she also started earning.Can u pl enlighten me how to consider the inetrest part and the principal amount.My SIL's out go is approx 35000/- per month.

Dwarakanath

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Originally posted by : B S Dwarakanath
Dear Sir

My son in law and daughter bought a flat for Rs34lakhs in 2011.All these days he was paying the EMI and filing ITR2.Now my daughter also wants to give EMI as she also started earning.Can u pl enlighten me how to consider the inetrest part and the principal amount.My SIL's out go is approx 35000/- per month.

Dwarakanath

 


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