SECTION 24

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CAN I SHOW HOUSE BUILDING LOAN IN ITR 1 OR NOT
Replies (6)
Yes...............
The principal amount can be claimed as deduction u/s 80C. The interest on home loan as negative income from house peoperty
Totally correct Poltu Ghosh.
Interest on home loan can be exempted up to 2 lakh under section 24
Thank you Madam for the compliments.
Welcome........


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