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Home loan interest deduction, Income Tax

Issue Id: - 1059
Dated: 17-3-2009
By:- NEENA P.GAWADE

Home loan interest deduction


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i am salaried employee (women) and my yrly income is 2.5 lakhs and i pay loan instlment on home loan so can i take full interest amt.for the relavant year as deduction or there is certain limit plz explain thank you

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 18-3-2009
By:- Markesh Antony
In case of self acquird propery, you can calim deduction upto Rs. 1,50,000 on account of interest paid on loan taken to purchase such house

Page: 1

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