About the home loan for AY 2014-15

Share
Share This Thread
  1. susrith

    susrith New Member

    In the previous year 2013-14
    i had taken home for the purpose of construction and it was completed in the same it self,
    I had paid Rs.20000 as interest and Rs.20000 payment of principle amount now the problem is where to show those two different amounts whether to show u/s 24 and u/s 80c.



    E-mail: [email protected]
    Phone: 9000363510
     
  2. Parul_Gupta

    Parul_Gupta Active Member

    Rs 20,000 would claimed as deduction under Sec 24 for the Interest Paid and Rs 20,000 would be claimed as a deduction under Section 80C for the repayment of principal.
     
Draft saved Draft deleted
Loading...